Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Vizsla Silver ( (TSE:VZLA) ) has shared an update.
Vizsla Silver reported additional high-grade silver-gold intercepts from 11 geotechnical drill holes at the Copala resource area within its Panuco project in Mexico, with several holes returning exceptionally strong silver-equivalent grades over meaningful widths. The geotechnical drilling, which forms part of a broader 10,578-metre, 29-hole program used in the company’s feasibility study, doubles as infill drilling that confirms robust grade continuity at Copala and supports upgrading resources, particularly in the early years of the planned mine life. The results reinforce Copala’s status as a cornerstone deposit within Panuco, where measured, indicated and inferred resources already total more than 159 million ounces of silver equivalent, and they dovetail with an ongoing, fully funded test mining and bulk sampling program and a new underground infill drilling campaign from the Morgan ramp, aimed at further de-risking and optimizing future production.
The most recent analyst rating on (TSE:VZLA) stock is a Hold with a C$8.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
Spark’s Take on TSE:VZLA Stock
According to Spark, TipRanks’ AI Analyst, TSE:VZLA is a Neutral.
The score is held back primarily by weak financial performance (pre-revenue operations, recurring losses, and ongoing cash burn), partially offset by a strong, debt-free balance sheet and favorable technical momentum. Valuation is also a headwind due to losses (negative P/E) and no dividend support.
To see Spark’s full report on TSE:VZLA stock, click here.
More about Vizsla Silver
Vizsla Silver Corp. is a precious metals exploration and development company focused on advancing its 100%-owned Panuco silver-gold project in Sinaloa, Mexico. The company is delineating high-grade silver and gold resources across multiple vein systems, including Copala, Tajitos and Napoleon, with a view to near-term mine development and initial production from this flagship district-scale asset.
Average Trading Volume: 1,107,411
Technical Sentiment Signal: Buy
Current Market Cap: C$2.71B
See more insights into VZLA stock on TipRanks’ Stock Analysis page.