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Silver Viper Minerals ( (TSE:VIPR) ) just unveiled an update.
Silver Viper Minerals has appointed veteran finance executive Rakesh Malhotra as its new Chief Financial Officer, adding more than three decades of experience in accounting, capital markets, corporate governance and strategic growth at multinational organizations and TSX-listed mining companies. The company’s leadership expects Malhotra’s background in managing complex financial operations and capital-raising to support the advancement of its Mexican silver and gold assets and to strengthen execution of its long-term growth strategy, a move that could enhance financial discipline and bolster investor confidence as Silver Viper progresses its exploration portfolio.
The most recent analyst rating on (TSE:VIPR) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Silver Viper Minerals stock, see the TSE:VIPR Stock Forecast page.
Spark’s Take on TSE:VIPR Stock
According to Spark, TipRanks’ AI Analyst, TSE:VIPR is a Neutral.
The score is held back primarily by weak financial performance (pre-revenue, widening losses, and increased cash burn), partly offset by a debt-free balance sheet and supportive recent financing activity. Technically, momentum is strong but overbought signals temper the outlook, while valuation remains challenged due to negative earnings and no stated dividend yield.
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 precious metals projects in Mexico. Its portfolio includes the La Virginia Gold-Silver Project in Sonora, the Cimarron Gold-Copper Project in Sinaloa, and the recently announced Coneto Silver-Gold Project acquisition, providing a pipeline of district-scale exploration opportunities within Mexico’s prolific silver belt.
Average Trading Volume: 299,534
Technical Sentiment Signal: Buy
Current Market Cap: C$176.1M
See more data about VIPR stock on TipRanks’ Stock Analysis page.