Vizsla Silver management says Q1 FY2027 loss widens on higher G&A, FX loss and deferred mining tax expense
VZLA•Cash position and operating spending
G&A rose to US$12.07 million, driven by higher share-based compensation and project holding costs tied to the January field-activity pause.
Foreign exchange swung to a US$3.28 million loss as a stronger U.S. dollar reduced the value of Canadian dollar and Mexican peso working capital.
Cash and cash equivalents totaled US$406.5 million, used to support engineering and procurement toward construction readiness at Panuco West.
Loss widens on higher G&A and FX loss
Vizsla Silver management commentary flagged a comprehensive loss of US$19.82 million for the three months ended July 31, 2026.
The shift from prior-year income mainly reflected weaker foreign exchange, deferred special mining duty tax, higher G&A, and a lower contribution from associates.
