Aya Gold & Silver Inc. (TSE:AYA) Given Average Rating of “Buy” by Analysts

Aya Gold & Silver Inc. (TSE:AYA) has earned an average rating of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$21.50.

A number of research analysts recently commented on AYA shares. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Stifel Nicolaus lowered their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a research note on Monday, November 25th. Cibc World Mkts upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Friday, November 22nd. National Bankshares decreased their price target on shares of Aya Gold & Silver from C$21.75 to C$21.25 and set an “outperform” rating on the stock in a research report on Thursday, January 9th. Finally, CIBC set a C$24.00 price target on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research report on Friday, November 22nd.

Insider Activity

In related news, Senior Officer Alex Ball sold 20,000 shares of Aya Gold & Silver stock in a transaction on Monday, January 20th. The shares were sold at an average price of C$12.08, for a total value of C$241,600.00. Also, Director Benoit La Salle sold 64,244 shares of Aya Gold & Silver stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$11.27, for a total transaction of C$724,145.52. In the last 90 days, insiders have sold 152,835 shares of company stock worth $1,761,507. 10.18% of the stock is owned by corporate insiders.

Aya Gold & Silver Price Performance

Shares of TSE:AYA opened at C$11.36 on Wednesday. The firm’s 50 day moving average is C$12.02 and its two-hundred day moving average is C$14.58. Aya Gold & Silver has a 52 week low of C$9.40 and a 52 week high of C$19.56. The firm has a market capitalization of C$1.48 billion, a P/E ratio of 126.22 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 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.