Vizsla Silver VZLA
NYSE VZLA
$3.99 -0.10 (-2.32%)
As of: Sep 10, 2026 · 3:59 PM EDT

Vizsla Silver (VZLA) Research & Development (2021 - 2026)

Vizsla Silver's (VZLA) quarterly Research & Development came in at -$1.3 million in Q3 2026, down 7770.59% on a YoY basis from $17443.3 in Q3 2025, and down 7770.59% quarter-over-quarter from -$17000.0 in Q3 2025.

Analysis

Vizsla Silver (VZLA) Research & Development (2021 - 2026) Analysis & Trends

Vizsla Silver (VZLA) has reported Research & Development for 6 consecutive years, with -$1.3 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Research & Development fell 7770.59% year-over-year to -$1.3 million; the trailing twelve-month figure through Jul 2026 stood at -$1.4 million (up 97.04% YoY), and the FY2026 full-year result was -$26000.0, changed N/A from the prior year.
  • Research & Development slipped to -$1.3 million in Q3 2026 per VZLA's latest filing, from -$17000.0 in the prior quarter.
  • Across five years, Research & Development topped out at $7.1 million in Q2 2022 and bottomed at -$41.4 million in Q2 2024.
  • Historically, Research & Development has averaged -$4.7 million across 5 years, with a median of $28196.8 in 2022.
  • The sharpest annual moves came in 2022 and 2026: Research & Development soared 381.69% in 2022, then plunged 7770.59% in 2026.
  • Over 5 years, Research & Development stood at $84604.4 in 2022, then declined by 8.71% to $77232.6 in 2023, then plunged by 97.37% to $2032.1 in 2024, then slumped by 936.57% to -$17000.0 in 2025, then slumped by 7770.59% to -$1.3 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered -$1.3 million, -$17000.0, and $2032.1 for Q3 2026, Q3 2025, and Q4 2024 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Coeur Mining 20.88 Bn 19.83 Bn 535.85 Mn -
2 Pan American Silver 19.31 Bn 17.74 Bn 457,000.00 -
3 Hecla Mining 13.39 Bn 12.90 Bn 332.52 Mn 11.68 Mn
4 First Majestic Silver 9.65 Bn 8.40 Bn 223.62 Mn -
5 Endeavour Silver 2.98 Bn 2.74 Bn 74.00 Mn -
6 Silvercorp Metals 2.65 Bn 2.27 Bn 104.04 Mn -
7 Americas Gold & Silver 1.36 Bn 1.27 Bn 22.23 Mn -1.51 Mn
8 Vizsla Silver 1.36 Bn 1.36 Bn - -1.34 Mn
9 New Pacific Metals 1.00 Bn 1.00 Bn - -
10 Santacruz Silver Mining 867.95 Mn 800.93 Mn 51.14 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 -1.34 Mn
Jul 31, 2025 -17,000.00
Oct 31, 2024 2,032.10
Jul 31, 2024 -4.36 Mn
Apr 30, 2024 -41.45 Mn
Jan 31, 2024 -29,340.31
Oct 31, 2023 77,232.57
Jul 31, 2023 6.04 Mn
Apr 30, 2023 -38.56 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 -5.56 Mn
Jan 31, 2021 11,285.63