BMO Capital analyst Kevin O’Halloran initiated coverage of Vizsla Silver (VZLA) with an Outperform rating and C$4.50 price target Vizsla owns the Panuco property in Sinaloa, Mexico, where it is advancing development of a high-grade silver-gold mine, the analyst tells investors in a research note. The firm views Panuco as a “top-tier silver development asset due to its scale of production and attractive cost profile.” It sees “significant re-rating potential” for the shares as Vizsla achieves various milestones this year.
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Read More on VZLA:
- Vizsla Silver Resumes Operations at Panuco Project
- Vizsla Silver Suspends Operations After Fatal Accident at Panuco
- Vizsla Silver announces contractor fatality at Panuco
- Vizsla Silver price target raised to C$3.75 from C$3.50 at Alliance Global
- Vizsla Silver Reports 43% Increase in Panuco Project Resources
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