Vizsla Silver Corp. (NYSE: VZLA)

Sector: Basic Materials Industry: Other Industrial Metals & Mining CIK: 0001796073
Market Cap 2.28 Bn
P/B 5.21
P/E -205.10
P/S 0.00
ROIC (Qtr) -7.71
Div Yield % 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 0.00
Debt/Equity (Qtr) 0.00

About

Price action

Investment thesis

Bull case

  • Short-term investments of 67.18M provide solid 1103.94x coverage of other current liabilities 60857.86, indicating strong liquidity.
  • Tangible assets of 444.18M provide robust 7298.58x coverage of other current liabilities 60857.86, indicating strong asset backing.
  • Strong cash position of 138.91M provides 2282.59x coverage of other current liabilities 60857.86, indicating excellent liquidity.
  • Cash reserves of 138.91M provide comfortable 2282.59x coverage of tax obligations 60857.86, showing strong fiscal management.
  • Cash reserves of 138.91M provide robust 21.60x coverage of current liabilities 6.43M, indicating strong short-term solvency.

Bear case

  • Operating cash flow of (4.24M) barely covers its investment activities of (96.19M), with a coverage ratio of 0.04, indicating heavy reliance on external financing for growth which may not be sustainable in a tighter credit environment.
  • Investment activities of (96.19M) provide weak support for R&D spending of 17236.43, which is -5580.69x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • The company's operating cash flow of (4.24M) shows concerning coverage of stock compensation expenses of 8.62M, with a -0.49 ratio indicating potential earnings quality issues.
  • Operating earnings of (11.06M) show weak coverage of depreciation charges of 208360.71, with a -53.07 ratio indicating high capital intensity and potential reinvestment needs.
  • Operating cash flow of (4.24M) provides minimal -69.61x coverage of tax expenses of 60857.86, suggesting potential tax planning inefficiencies or unsustainable tax positions.

Peer comparison

Companies in the Other Industrial Metals & Mining
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 BHP BHP Group Ltd 162.30 Bn 17.99 3.17 -
2 TECK Teck Resources Ltd 24.54 Bn 27.27 3.23 3.67 Bn
3 MP MP Materials Corp. / DE 10.73 Bn -91.17 46.08 1.00 Bn
4 SKE Skeena Resources Ltd 3.07 Bn -36.58 0.00 0.04 Bn
5 MTRN MATERION Corp 2.85 Bn 87.35 2.45 0.53 Bn
6 VZLA Vizsla Silver Corp. 2.28 Bn -205.10 0.00 0.00 Bn
7 SGML Sigma Lithium Corp 1.76 Bn -65.03 15.16 0.12 Bn
8 ALM Almonty Industries Inc. 1.65 Bn -145.44 82.20 0.14 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 3.89 3.13
EV to Cash from Ops. EV/CFO -408.38 -51.74
EV to Debt EV to Debt 0.00 863.55
EV to EBIT EV/EBIT -156.47 -27.66
EV to EBITDA EV/EBITDA -72.16 566.13
EV to Free Cash Flow [EV/FCF] EV/FCF -53.77 -24.46
EV to Market Cap EV to Market Cap 0.76 0.59
EV to Revenue EV to Revenue 0.00 42.69
Price to Book Value [P/B] P/B 5.21 10.60
Price to Earnings [P/E] P/E -205.10 -35.19
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 -16.20
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 3.46
Dividend per Basic Share Div per Share (Qtr) 0.00 0.08
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 -0.53
Interest Coverage Interest Coverage 0.00 51.59
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) -30.75 -444.92
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 56.38 3,116.99
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 -0.80
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -219.05 -69.51
EBITDA Growth (1y) % EBITDA 1y % (Qtr) -70.42 20.12
EBIT Growth (1y) % EBIT 1y % (Qtr) -217.30 -24.32
EBT Growth (1y) % EBT 1y % (Qtr) -217.30 -92.39
EPS Growth (1y) % EPS 1y % (Qtr) 56.19 -31.76
FCF Growth (1y) % FCF 1y % (Qtr) -3.37 -5,473.04
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 0.00 9.09
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.13
Cash Payout Ratio Cash Payout Ratio 0.00 0.01
Cash Ratio Cash Ratio (Qtr) 21.60 5.35
Current Ratio Curr Ratio (Qtr) 33.44 6.87
Debt to Equity Ratio Debt/Equity (Qtr) 0.00 0.74
Interest Cover Ratio Interest Cover Ratio 0.00 51.59
Times Interest Earned Times Interest Earned 0.00 51.59
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % 0.00 -684.18
EBIT Margin % EBIT Margin % 0.00 -696.12
EBT Margin % EBT Margin % 0.00 -788.27
Gross Margin % Gross Margin % 0.00 11.29
Net Profit Margin % Net Profit Margin % 0.00 -790.78