Roth Capital analyst Mike Niehuser raised the firm’s price target on Vizsla Silver (VZLA) to $7 from $6 and keeps a Buy rating on the shares. The company produced a robust feasibility study on its 100%-owned Panuco silver-gold project near Mazatlan, Mexico, with the report outlining a low-risk project due to established infrastructure, grade and geological character, the analyst tells investors in a research note. Vizsla believes its holdings could contain a billion ounces of silver, allowing it to become a 50-million-ounce silver producer in the next ten years, the firm added.
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Read More on VZLA:
- Vizsla Silver price target raised to C$5.50 from C$4.50 at Alliance Global
- Vizsla Silver Announces Positive Feasibility Study for Panuco Project
- Vizsla Silver price target raised to $6 from $4 at Roth Capital
- Vizsla Silver price target raised to C$9.75 from C$7.50 at CIBC
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