Vizsla Silver Corp. (VZLA) Upgraded to Buy: Here's What You Should Know

Core Viewpoint - Vizsla Silver Corp. (VZLA) has received an upgrade to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in a company's earnings picture, specifically the consensus of EPS estimates from sell-side analysts [1][2]. - A strong correlation exists between earnings estimate revisions and near-term stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [4][6]. Company Performance Indicators - Vizsla Silver Corp. is projected to earn -$0.03 per share for the fiscal year ending April 2025, reflecting a year-over-year change of 50% [8]. - Over the past three months, the Zacks Consensus Estimate for Vizsla Silver Corp. has increased by 28.9%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade to Zacks Rank 2 places Vizsla Silver Corp. in the top 20% of Zacks-covered stocks, suggesting potential for higher stock movement in the near term [11].