Vizsla Silver Corp. (VZLA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Vizsla Silver is advancing the Panuco project after addressing severe security incidents, with first silver production targeted for H2 2027. Panuco boasts exceptional economics: $1.8B NPV at conservative metals prices, 111% IRR, and a rapid 7-month payback, with significant expansion potential. VZLA maintains a strong balance sheet, fully funding Panuco and securing government support, minimizing dilution and demonstrating robust project backing.
Vizsla Silver Corp. is upgraded to a bullish rating (up from the prior Hold rating), driven by a robust feasibility study for its Panuco project and strong silver price tailwinds. The FS projects average annual production of 17.4 Moz AgEq, with a post-tax NPV5% of $1.8B and IRR of 111% at $35.50/oz silver. VZLA's financing is secured through $300M in convertible notes and a strong liquidity position, supporting targeted production in H2 2027.
Vizsla Silver Corp. (VZLA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Does Vizsla Silver Corp. (VZLA) have what it takes to be a top stock pick for momentum investors? Let's find out.
Does Vizsla Silver Corp. (VZLA) have what it takes to be a top stock pick for momentum investors? Let's find out.
Vizsla Silver Corp. (VZLA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Vizsla Silver Corp.'s Panuco project boasts high-grade silver resources with significant exploration potential, aiming for 20M oz in annual production and $1B in annual FCF at $70 silver. The project checks all critical boxes: large resources, economic viability, high upside potential, a good location, and a clear path to production. Key risks include potential share dilution, potential permitting issues, and dependency on rising silver prices for big returns.
VANCOUVER, BC / ACCESSWIRE / September 24, 2024 / Prismo Metals Inc. (CSE:PRIZ)(OTCQB:PMOMF)(FSE:7KU) ("Prismo" or the "Company") is pleased to announce that drilling at its Palos Verdes project in Mexico has started. Hole PV-24-34 of this collaborative drilling program with Vizsla Silver Corp's (TSXV:VZLA) ("Vizsla") was collared on Vizsla's property.
Vizsla Silver Corp. (VZLA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).