CIBC Downgrades Vizla Silver (VZLA) to Neutral from Outperform – Here’s Why


Vizsla Silver Corp. (NYSEAMERICAN: VZLA ) is one of them The best penny stocks to buy according to Reddit. On March 6, Vizsla Silver Corp. (NYSEAMERICAN: VZLA ) was downgraded to Neutral from Outperform by CIBC with a price target of C$7. The ratings update came after Vizsla Silver Corp. (NYSEAMERICAN: VZLA) provided additional updates on the situation in Concordia, Mexico on March 5, noting that in recent days, two additional families have received confirmation that a loved one has died. In addition, three partners are still rare.

Is Vizla Silver Corporation (VZLA) the best precious metals stock to buy according to analysts?
Is Vizla Silver Corporation (VZLA) the best precious metals stock to buy according to analysts?

Vizsla Silver Corp. (NYSEAMERICAN: VZLA) previously provided an update on the Concordia incident on February 12, reaffirming the company’s adherence to best practices in governance and safety in the long-term interests of the company and its stakeholders. It also confirms that five associates remain unaccounted for.

It comes after Vizla Silver Corp. (NYSEAMERICAN: VZLA ) announced on Feb. 9 that it had been notified by several families that their relatives, who had been taken from the company’s project site in Concordia, Mexico, had been found dead. Vizla Silver Corp. (NYSEAMERICAN: VZLA) added that it was awaiting confirmation from Mexican authorities at the time.

Vizsla Silver Corp. (NYSEAMERICAN: VZLA) is a mineral exploration and development company engaged in the acquisition, exploration, and development of mineral resource properties, including a silver project in Sinaloa, Mexico.

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Read more: 15 Stocks That Will Make You Rich in 10 Years And the 12 best stocks that will always grow.

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