Vizsla Silver (TSE:VZL) Cut to Hold at Canadian Imperial Bank of Commerce

Vizsla Silver (TSE:VZL) was downgraded by Canadian Imperial Bank of Commerce from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Separately, National Bank Financial lowered shares of Vizsla Silver from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Vizsla Silver has an average rating of “Hold”.

Vizsla Silver Price Performance

Vizsla Silver is a Canadian mineral exploration and development company focused on silver projects in Mexico. The company’s principal activity is exploration and advancement of its flagship Panuco district project in the state of Sinaloa, where it targets high?grade silver mineralization through systematic drilling, mapping and sampling programs. Vizsla Silver’s technical efforts are directed at defining and expanding mineral resources, testing new targets, and moving prospects toward development while meeting local regulatory and environmental requirements.

Operations at the company’s projects emphasize subsurface and near?surface resource definition, resource modeling, and continued exploration to identify additional veins and zones of mineralization.