National Bank Raises PT on Vizsla Silver Corp. (VZLA); Maintains 'Outperform' Rating

Vizsla Silver Corp. (NYSE:VZLA) is one of the best stocks for quick returns.

National Bank increased its price target on Vizsla Silver Corp. (NYSE:VZLA) from $4.24 to $4.42, maintaining an ‘Outperform’ rating. This stock upgrade follows the company’s close of a successful bought deal financing, raising $100 million in gross proceeds.

The company aims to strengthen its balance sheet and speed up exploration activities at its flagship project, ‘Panuco Project’, with this capital injection. Thus, the analyst views this financing as a catalyst for value creation, especially when market sentiment is high toward the precious metals market.

Vizsla Silver Corp. (NYSE:VZLA) acquires, explores, and develops mineral properties in Mexico, holding full ownership of the 7,189-hectare Panuco-Copala silver-gold project in Sinaloa. It is one of the best stocks to buy.

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