Canaccord Genuity Initiates a Buy Rating on Vizsla Resources (VIZSF)
Canaccord Genuity analyst Michael Pettingell initiated coverage with a Buy rating on Vizsla Resources (VIZSF) today and set a price target of C$4.00. The company’s shares closed last Wednesday at $1.93.
According to TipRanks.com, Pettingell is ranked #2700 out of 7550 analysts.
Vizsla Resources has an analyst consensus of Moderate Buy, with a price target consensus of $3.26.
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Based on Vizsla Resources’ latest earnings release for the quarter ending January 31, the company reported a quarterly GAAP net loss of $2.73 million. In comparison, last year the company had a GAAP net loss of $2.32 million.
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Vizsla Resources Corp is a mineral exploration company. It is engaged in the discovery, development, and acquisition of precious and base metal assets. The company currently owns the Blueberry Project, a highly-prospective copper asset in British Columbia, Canada, and Panuco-Copala property in Mexico.