Stock Track | Vizsla Silver Soars 5.24% as CIBC Analyst Reiterates Buy Rating with C$7 Price Target

Stock Track07-21

Vizsla Silver Corp (VZLA) shares are soaring in Monday's trading session, registering a significant 5.24% increase. The stock's impressive performance comes as investors react positively to a recent analyst report.

The surge in Vizsla Silver's stock price can be attributed to CIBC analyst Cosmos Chiu's reiteration of a Buy rating on the company. Chiu has set a price target of C$7.00 for Vizsla Silver, signaling strong confidence in the stock's potential upside. This target represents a substantial premium to the stock's current trading price, which opened at $3.2.

The analyst's bullish stance on Vizsla Silver has evidently resonated with investors, leading to increased buying activity. This positive sentiment could potentially drive further gains for the stock in the near term, as market participants digest the implications of the analyst's optimistic outlook on the silver mining company's prospects.

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