Vizsla Silver price target raised to $4 from $3.25 at Roth Capital

Roth Capital raised the firm’s price target on Vizsla Silver (VZLA) to $4 from $3.25 and keeps a Buy rating on the shares. While approaching a production decision at its Panuco silver project in Mexico, the company is drilling satellite targets adjacent to its Copala/Napoleon deposits, intensifying exploration across the Panuco project, and assimilating data on its other district scale projects, the analyst tells investors in a research note. Vizsla is well along the path of achieving its long-term goal of producing over 10 million silver equivalent ounces and becoming one of the world’s most important silver producers, the firm added.