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Vizsla Royalties Corp ( (TSE:VROY) ) just unveiled an update.
Vizsla Royalties Corp. has completed the acquisition of an additional 3.0% net smelter returns royalty on the Panuco-Copala Silver-Gold Project in Mexico, solidifying its stake in this promising development. Additionally, the company has amended its equity incentive compensation plan to increase the maximum issuable equity, aiming to align the interests of its officers, directors, and employees with the company’s growth objectives and to retain key personnel. This strategic move is expected to enhance the company’s operational capabilities and strengthen its position in the precious metals industry.
The most recent analyst rating on (TSE:VROY) stock is a Buy with a C$2.25 price target. To see the full list of analyst forecasts on Vizsla Royalties Corp stock, see the TSE:VROY Stock Forecast page.
More about Vizsla Royalties Corp
Vizsla Royalties Corp. is a precious metals focused royalty company. Its principal asset is a Net Smelter Return Royalty on Vizsla Silver Corp.’s flagship Panuco Project in Mexico, a significant silver and gold development project advancing towards production.
Average Trading Volume: 84,132
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$51.21M
Find detailed analytics on VROY stock on TipRanks’ Stock Analysis page.