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Vizsla Silver
(TSX:VZLA)
Vizsla Silver (VZLA) vs. iShares MSCI Canada ETF (EWC)
Vizsla Silver Business Overview & Revenue Model
Vizsla Silver Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -291.70K | -249.33K | -328.98K | -269.19K | -62.29K | -11.10K |
| EBITDA | -27.84M | -8.10M | -15.91M | -13.77M | -20.70M | -10.48M |
| Net Income | -15.56M | -7.85M | -15.95M | -13.59M | -15.27M | -11.10M |
Balance Sheet | ||||||
| Total Assets | 621.85M | 414.94M | 272.78M | 238.60M | 165.93M | 39.48M |
| Cash, Cash Equivalents and Short-Term Investments | 288.54M | 144.52M | 37.55M | 52.72M | 30.48M | 19.40M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 9.00M | 6.39M | 3.68M | 6.46M | 10.15M | 1.29M |
| Stockholders Equity | 612.84M | 408.55M | 269.11M | 232.15M | 155.79M | 38.18M |
Cash Flow | ||||||
| Free Cash Flow | -13.43M | -7.18M | -16.51M | -24.16M | -33.19M | -6.47M |
| Operating Cash Flow | -5.93M | -6.99M | -14.48M | -12.31M | -14.18M | -6.39M |
| Investing Cash Flow | -134.67M | -40.23M | 4.92M | -83.21M | -47.48M | -11.87M |
| Financing Cash Flow | 211.86M | 145.79M | 33.73M | 74.68M | 72.75M | 35.08M |
Vizsla Silver Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | C$2.37B | -137.52 | -3.19% | ― | ― | ― | |
56 Neutral | C$216.58M | -24.51 | -50.60% | ― | ― | -235.10% | |
52 Neutral | C$35.24M | -11.76 | ― | ― | ― | 42.57% | |
50 Neutral | C$320.73M | -106.36 | -6.09% | ― | 8.28% | 87.46% | |
44 Neutral | C$2.76B | -26.07 | -144.69% | ― | 14.32% | 37.85% | |
43 Neutral | C$320.90M | -20.21 | -52.22% | ― | ― | -60.82% |
Vizsla Silver Corporate Events
Vizsla Silver Corp. has confirmed that ten individuals have been taken from its Panuco Project site in Concordia, Mexico, in a security incident that remains under investigation with limited information currently available. Local authorities have been notified, the company’s crisis management and security teams have been activated, and certain activities at and near the project site have been temporarily suspended as a precaution, underscoring both the immediate focus on the safety and wellbeing of the affected individuals and the potential for short-term disruption to operations at the project.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$9.50 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver reported that 2025 marked a major transition year as it moved the Panuco project toward construction readiness, underpinned by an updated mineral resource estimate showing a 43% increase in measured and indicated resources at higher grades and an inaugural feasibility study outlining robust economics, including average annual production of more than 20 million ounces of silver equivalent in the first five years, a US$1.8 billion after-tax NPV, and a 111% internal rate of return. The company advanced its fully permitted test mine to the 460 level, continued underground and district-wide exploration with notable high-grade discoveries at the Animas target, secured more than US$450 million in cash including a US$300 million project financing facility, and laid out 2026 objectives focused on detailed engineering, contractor selection, additional drilling, geophysical surveys, and new target work, positioning Panuco as a well-funded, high-growth development asset targeting first silver production in 2027.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$9.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver’s 2025 year-end update underscores a major transition from study and exploration toward full construction readiness at its Panuco silver-gold project, driven by a substantially upgraded mineral resource estimate and a November feasibility study outlining an initial 9.4-year mine life, average annual production of 20.1 million silver-equivalent ounces in the first five years, and robust project economics including an after-tax NPV of US$1.8 billion and a 111% IRR at the company’s price assumptions. With more than US$450 million in cash and a US$300 million project financing facility in place, Panuco is now fully funded, and Vizsla is prioritizing detailed engineering, contractor selection, expanded drilling and test mining, and broader district exploration in 2026, as it advances toward first silver production targeted for the second half of 2027 and seeks to further de-risk and enhance project value for shareholders and local stakeholders.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$9.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver reported additional high-grade silver-gold intercepts from 11 geotechnical drill holes at the Copala resource area within its Panuco project in Mexico, with several holes returning exceptionally strong silver-equivalent grades over meaningful widths. The geotechnical drilling, which forms part of a broader 10,578-metre, 29-hole program used in the company’s feasibility study, doubles as infill drilling that confirms robust grade continuity at Copala and supports upgrading resources, particularly in the early years of the planned mine life. The results reinforce Copala’s status as a cornerstone deposit within Panuco, where measured, indicated and inferred resources already total more than 159 million ounces of silver equivalent, and they dovetail with an ongoing, fully funded test mining and bulk sampling program and a new underground infill drilling campaign from the Morgan ramp, aimed at further de-risking and optimizing future production.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$8.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver has agreed to acquire ten mining claims totaling 2,378 hectares from Fresnillo subsidiary Minera Fresnillo along the silver-gold-rich Panuco–San Dimas corridor, including 1,734 hectares of strategic ground that partly surrounds its flagship Panuco project and covers areas believed to host extensions of known mineralized veins. The US$6 million transaction, split between cash and Vizsla shares, is expected to give the company additional high-priority exploration targets adjacent to zones already included in its Panuco feasibility study, potentially expanding the project’s resource base over time and enhancing future mine economics and district-scale positioning in one of Mexico’s key precious metals belts.
The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver Corp. has announced the successful completion of a Feasibility Study for its Panuco silver-gold project in Mexico, confirming its strong technical foundation and economic viability. The company also completed a convertible notes offering, which replaces a previous debt mandate and provides a flexible structure to advance the Panuco project, positioning Vizsla for rapid growth and further development.
The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver Corp. has successfully closed a US$300 million convertible senior notes offering, which includes an additional US$50 million from initial purchasers. This financing positions the company to advance the Panuco project and pursue exploration and strategic growth opportunities. The offering’s structure, including a 5.00% annual coupon and capped call transactions, provides financial flexibility, reduces potential shareholder dilution, and allows Vizsla Silver to manage cashflows effectively, enhancing its operational and strategic capabilities.
The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver Corp. has announced the pricing of a US$250 million convertible senior notes offering, with the proceeds intended to support the exploration and development of the Panuco Project, potential future acquisitions, and general corporate purposes. The offering includes a capped call transaction to mitigate economic dilution, and the company anticipates net proceeds of approximately US$239.4 million, with the potential for additional funds if the initial purchasers exercise their option to buy more notes.
The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver Corp. has announced a proposed offering of US$250 million in convertible senior notes due in 2031. The proceeds from this offering will be used to support the exploration and development of the Panuco Project, potential future acquisitions, and general corporate purposes. Additionally, the company plans to engage in capped call transactions to mitigate economic dilution upon conversion of the notes. This strategic capital raise is expected to bolster Vizsla Silver’s operational capabilities and strengthen its market position.
The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver Corp. announced positive results from its Feasibility Study for the Panuco silver-gold project, indicating a robust case for developing a high-margin, underground precious metals mine. The study projects an after-tax NPV of $1.8 billion and an IRR of 111%, with initial costs of $173 million and an average annual production of 17.4 million silver equivalent ounces. The company is advancing towards a construction decision, targeting production in the second half of 2027, marking a significant milestone for the company and its stakeholders.
The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Vizsla Silver Corp. has announced a positive feasibility study for its Panuco silver-gold project in Mexico, indicating strong potential for development as a high-margin, underground precious metals mine. The study projects an after-tax net present value of $1.8 billion and an internal rate of return of 111%, with low initial capital requirements and a rapid payback period. The company is advancing towards a construction decision, targeting production in the second half of 2027, which could position Panuco as a major silver-primary producer in Mexico.
The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.