The Globe and Mail reports in its Friday, Sept. 18, edition that Ventum Capital Markets analyst Taylor Combaluzier commenced coverage of Silver X Mining with a "buy" ranking, noting that the ramp-up at its Nueva Recuperada operations in Peru is at an inflection point and not yet reflected in its share price. The Globe's David Leeder writes in the Eye On Equities column that Mr. Combaluzier targets the shares at $1.60. Analysts on average target the shares at $1.58. Mr. Combaluzier says in a note: "With nominal capacity now demonstrated at the Nueva Recuperada plant, we believe H1/26 marks the turn toward 1,100 tons per day by Q1/27 and the broader 3,000 tpd district plan. Multiple growth pillars provide a visible path to rerating. Beyond the current ramp, the planned Tangana and Nueva Recuperada expansions underpin the base development plan, while Red Silver, Pampas and Ccasahuasi provide additional upside. Ongoing drilling at Blenda Rubia could further expand its contribution within the existing mine plan." Mr. Combaluzier thinks the Vancouver-based company's "silver-dominant revenue mix offers leveraged exposure" for investors, while its "strong" free cash flow funds growth "without dilution."