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Silver Viper Minerals ( (TSE:VIPR) ) just unveiled an update.
Silver Viper Minerals Corp. has engaged Nordcore Media and Red Cloud Securities to enhance its digital marketing and trading liquidity efforts. Nordcore Media will manage digital advertising and online marketing to boost investor awareness, while Red Cloud Securities will work to maintain trading liquidity of Silver Viper’s shares on the TSX Venture Exchange. These initiatives aim to strengthen Silver Viper’s market presence and operational efficiency, potentially benefiting stakeholders through improved market visibility and share liquidity.
Spark’s Take on TSE:VIPR Stock
According to Spark, TipRanks’ AI Analyst, TSE:VIPR is a Underperform.
Silver Viper Minerals has a low overall stock score due to significant financial challenges such as a lack of revenue and persistent losses, which are not offset by a strong balance sheet. The technical analysis suggests a bearish outlook, and valuation metrics indicate unprofitability with no dividend yield. The absence of earnings call data and corporate events further emphasizes the need for improvements in revenue generation and operational efficiency to enhance sustainability and investment appeal.
To see Spark’s full report on TSE:VIPR stock, click here.
More about Silver Viper Minerals
Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on advancing the La Virginia Gold-Silver Project in Sonora, Mexico, along with other district-scale opportunities within Mexico’s prolific silver belt.
Average Trading Volume: 83,732
Technical Sentiment Signal: Buy
Current Market Cap: C$54.9M
See more insights into VIPR stock on TipRanks’ Stock Analysis page.