Aya Gold & Silver Inc. (TSE:AYA) Receives C$21.72 Average PT from Brokerages

Aya Gold & Silver Inc. (TSE:AYA) has earned an average rating of “Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$21.72.

Several analysts have recently issued reports on AYA shares. National Bankshares reduced their target price on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. CIBC set a C$24.00 target price on shares of Aya Gold & Silver and gave the company an “outperform” rating in a report on Friday, November 22nd. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. Cibc World Mkts upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Friday, November 22nd. Finally, Cormark downgraded shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and lowered their price objective for the company from C$20.00 to C$14.00 in a research report on Friday, November 15th.

Aya Gold & Silver Price Performance

Aya Gold & Silver stock opened at C$10.68 on Friday. The company has a market capitalization of C$1.39 billion, a price-to-earnings ratio of 118.67 and a beta of 1.40. The company has a current ratio of 2.66, a quick ratio of 3.28 and a debt-to-equity ratio of 36.42. Aya Gold & Silver has a 12 month low of C$9.40 and a 12 month high of C$19.56. The stock’s 50 day moving average is C$13.43 and its 200-day moving average is C$14.84.

Insider Activity at Aya Gold & Silver

In other Aya Gold & Silver news, Director Benoit La Salle sold 64,244 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$11.27, for a total value of C$724,145.52. Also, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total value of C$435,761.85. 10.18% of the stock is currently owned by insiders.

Aya Gold & Silver Company Profile

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.