Vizsla Silver Plunges 0.34% to Year's Low Amid High-Grade Drilling Results as Investor Caution Prevails

Vizsla Silver’s share price fell to its lowest level since the start of the year on Jan. 14, with an intraday decline of 0.34%.

The drop followed the company’s announcement of high-grade drilling results at its Copala silver-gold project in Mexico, which included 1,800 g/t silver equivalent over 3.80 meters and 1,422 g/t AgEq over 2.00 meters. These findings, part of a 29-hole geotechnical campaign, reinforced the deposit’s continuity and supported an ongoing feasibility study projecting a $1.8 billion after-tax net present value and 111% internal rate of return. Despite the technical validation, the stock hit a trough, reflecting broader market dynamics or investor caution ahead of further development milestones.

Vizsla’s Copala resource, with 159.7 million oz of measured, indicated, and inferred AgEq, remains central to its growth strategy. The company is advancing an infill drilling program and a test mine initiative to refine engineering parameters, while CEO Michael Konnert highlighted the potential for higher grades as drill spacing tightens. Although historical cash flow challenges persist, recent data underscores the project’s economic robustness, with a 9.4-year mine life and 17.4 Moz AgEq annual production. The stock’s near-term trajectory may hinge on how markets weigh these developments against macroeconomic factors and sector-wide trends.