Brokerages Set Aya Gold & Silver Inc. (TSE:AYA) Price Target at C$21.64

Aya Gold & Silver Inc. (TSE:AYA) has been given an average recommendation of “Moderate Buy” by the five brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$21.50.

A number of analysts have recently weighed in on AYA shares. National Bankshares reduced their price objective on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. Stifel Nicolaus boosted their target price on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research report on Monday, October 21st. BMO Capital Markets set a C$21.50 target price on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research report on Monday, July 22nd. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. Finally, Cormark lowered shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and dropped their target price for the stock from C$20.00 to C$14.00 in a research report on Friday.

Aya Gold & Silver Price Performance

TSE AYA opened at C$12.72 on Friday. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42. The stock has a market capitalization of C$1.66 billion, a PE ratio of 141.33 and a beta of 1.40. The company has a 50 day moving average price of C$16.98 and a two-hundred day moving average price of C$15.35. Aya Gold & Silver has a 12-month low of C$8.33 and a 12-month high of C$19.56.

About Aya Gold & Silver

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.