National Bankshares Lowers Aya Gold & Silver (TSE:AYA) Price Target to C$21.25

Aya Gold & Silver (TSE:AYA) had its price objective lowered by analysts at National Bankshares from C$21.75 to C$21.25 in a research note issued on Thursday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ target price would indicate a potential upside of 77.82% from the company’s current price.

Several other equities research analysts also recently weighed in on AYA. CIBC set a C$24.00 price target on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday, November 22nd. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. Cibc World Mkts raised Aya Gold & Silver to a “strong-buy” rating in a report on Friday, November 22nd. Stifel Nicolaus reduced their price objective on Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. Finally, Cormark lowered Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and decreased their target price for the stock from C$20.00 to C$14.00 in a research report on Friday, November 15th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$21.50.

Aya Gold & Silver Stock Up 2.8 %

TSE:AYA opened at C$11.95 on Thursday. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. The firm has a market cap of C$1.56 billion, a P/E ratio of 132.78 and a beta of 1.40. Aya Gold & Silver has a fifty-two week low of C$9.40 and a fifty-two week high of C$19.56. The firm has a 50-day simple moving average of C$12.91 and a two-hundred day simple moving average of C$14.77.

Insider Activity at Aya Gold & Silver

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

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.