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Vizsla Silver Price Target Raised to $6 from $5.75 by National Bank of Canada

BY MT Newswires | ECONOMIC | 06/27/25 10:55 AM EDT

10:55 AM EDT, 06/27/2025 (MT Newswires) -- Vizsla Silver's (VZLA) price target increased to C$6 from $5.75 while its Outperform rating remained unchanged at National Bank of Canada in a Thursday note entitled 'Step Change in Liquidity De-risks Development Financing'.

National Bank said it revised the price target after the company's NAVPS rose to $5.52 from $5.16, with a 1.10x NAVPS multiple (unchanged), following the closing of its C$136 million deal financing. The bank has updated its model with the financing and its revised metal price forecasts.

National Bank said the offering improved Vizsla's liquidity and helped derisk financing, while providing more competitive footing for negotiating debt or other financing options for the Panuco project in Mexico.

The bank said a key objective for Vizsla in 2025 remains completing a feasibility study and advancing Panuco toward a construction decision through permitting and financing.

Vizsla's share price has dropped near 3% at last look Friday on the TSX.

Price: 3.94, Change: -0.11, Percent Change: -2.72

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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