The Globe and Mail reports in its Friday, Jan. 24, edition that BMO Capital Markets analyst Kevin O'Halloran began coverage on Vizsla Silver with an "outperform" recommendation and a $4.50 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $4.73. Mr. O'Halloran says in a note: "Vizsla Silver owns the Panuco property in Sinaloa, Mexico, where it is advancing development of a high-grade silver-gold mine. We view Panuco as a top-tier silver development asset due to its scale of production and attractive cost profile. With shares trading at 0.5 times our NAV estimate, we see significant rerating potential as Vizsla achieves various milestones this year, and ultimately as first production is achieved in 2027." The Globe reported on Aug. 30 that Ventum Capital analysts Alex Terentiew and Phil Ker rated Vizsla Silver "buy." The shares could then be had for $2.70.
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