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BMO Capital Lifts Its PT on Vizsla Silver Corp. (VZLA) to $6.00, Keeps an ‘Outperform’ Rating

Core Insights - Vizsla Silver Corp. (NYSE:VZLA) is recognized as one of the 10 Best Debt Free Small Cap Stocks to buy now [1] - BMO Capital has raised its price target for Vizsla Silver Corp. from $5.00 to $6.00 while maintaining an 'Outperform' rating [2] - The company's stock has experienced a significant year-to-date gain of 147.02% [3] Financial Developments - Vizsla Silver Corp. has executed a mandate letter for a senior project finance facility of up to $220 million to support the development of its flagship Panuco project [3] - The company expects to fund development costs and aims to complete the feasibility study for the Panuco project by the end of 2025, supported by approximately $200 million in cash following a June equity raise [4] Business Focus - Vizsla Silver Corp. is engaged in the acquisition, exploration, and development of mineral resource properties in Canada and Mexico [4]