VZLA Stock Forecast & Price Target

Vizsla Silver Corp has demonstrated a significant enhancement in its mineral resource profile, with measured and indicated (M&I) resources increasing by 43% to 222.4 million ounces of silver equivalent (AgEq), accompanied by a 4.5% improvement in grade to 534 grams per tonne AgEq. The company's robust exploration efforts have not only advanced concurrently with the development of the Panuco project but have also yielded high-grade drill results, including assays of 8,817 grams per tonne AgEq. Furthermore, the recent resource update reflects substantial upsides, with a 48.7% year-over-year increase in indicated and inferred ounces, indicating strong potential for both resource growth and new discoveries on the property.

Vizsla Silver Corp faces a negative outlook primarily due to the anticipated reliance on successful permitting in 2025, as any delays could adversely affect the company's valuation and project timeline. The company's inferred ounces have decreased despite increases in exploration and infill drilling, indicating potential challenges in resource estimation and future output. Additionally, risks related to fluctuating gold and silver prices, exploration and development uncertainties, shareholder dilution, and access to capital further contribute to concerns about the company's financial stability and growth potential.