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Silver Viper Minerals ( (TSE:VIPR) ) has issued an update.
Silver Viper Minerals Corp. has entered into a six-month agreement with Nordcore Media LLC to enhance its digital investor-awareness efforts through targeted online advertising, campaign management, remarketing initiatives and related digital marketing strategies. The company will pay Nordcore US$300,000 in cash for its services and may deploy up to an additional US$500,000 on third-party digital advertising at management’s discretion, reflecting a significant investment in expanding its visibility and reach among capital markets investors without issuing any securities as compensation.
The most recent analyst rating on (TSE:VIPR) stock is a Hold with a C$2.50 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: 222,302
Technical Sentiment Signal: Buy
Current Market Cap: C$152.1M
See more data about VIPR stock on TipRanks’ Stock Analysis page.