Vizsla Silver (VZLA) Research & Development (2021 - 2025)

Vizsla Silver (VZLA) reported Research & Development of -$17562.2 for Q3 2025, up 99.6% on a YoY basis from -$8798.8 in Q3 2024, and down 387.29% quarter-over-quarter from $6113.0 in Q1 2025.

Vizsla Silver (VZLA) Research & Development (2021 - 2025) Analysis & Trends

Vizsla Silver has reported Research & Development for 5 years, with the latest figure at -$17562.2 in Q3 2025.

  • For the quarter ending Q3 2025, Research & Development rose 99.6% year-over-year to -$17562.2; the trailing twelve-month figure through Jan 2026 stood at -$11449.2 (up 99.74% YoY), and the FY2023 full-year result was -$23.1 million, down 206.14% from the prior year.
  • Research & Development for Q3 2025 stood at -$17562.2, down from $6113.0 in the prior quarter.
  • The five-year high for Research & Development was $9.9 million in Q3 2021, with the low at -$23.0 million in Q2 2023.
  • Historically, Research & Development has averaged -$231496.2 across 5 years, with a median of $54361.6 in 2022.
  • Annual changes were most pronounced in 2022 — Research & Development jumped 8362.09% — and 2024, when it plunged 35085.49%.
  • Vizsla Silver's Research & Development stood at $105573.7 in 2021, then fell by 19.86% to $84604.4 in 2022, then slipped by 8.71% to $77232.6 in 2023, then slumped by 97.37% to $2032.1 in 2024, then tumbled by 964.24% to -$17562.2 in 2025.
  • The last three Research & Development figures came in at -$17562.2 (Q3 2025), $6113.0 (Q1 2025), and $2032.1 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - -
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 643,159.42
4 Ioneer 10.78 Bn 10.76 Bn - 209.01 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn -
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 6.16 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 9.97 Mn
10 Vizsla Silver 1.46 Bn 1.04 Bn - -

Historic Data

Download Data
DateValue
Jul 31, 2025 -17,562.19
Jan 31, 2025 6,113.02
Oct 31, 2024 2,032.10
Jul 31, 2024 -4.36 Mn
Jan 31, 2024 -29,340.31
Oct 31, 2023 77,232.57
Jul 31, 2023 12,457.01
Apr 30, 2023 -22.95 Mn
Jan 31, 2023 68,165.29
Oct 31, 2022 84,604.36
Jul 31, 2022 5.91 Mn
Apr 30, 2022 7.14 Mn
Jan 31, 2022 54,361.57
Oct 31, 2021 105,573.68
Jul 31, 2021 9.86 Mn
Apr 30, 2021 84,386.17
Jan 31, 2021 11,285.63