Aya Gold & Silver (TSE:AYA) Given a C$24.00 Price Target by CIBC Analysts

CIBC set a C$24.00 price objective on Aya Gold & Silver (TSE:AYA) in a report released on Friday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

AYA has been the subject of a number of other research reports. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. Stifel Nicolaus raised their price objective on Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday, October 21st. National Bankshares decreased their price objective on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a report on Wednesday, October 23rd. Finally, Cormark cut Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and reduced their price target for the stock from C$20.00 to C$14.00 in a report on Friday, November 15th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$21.72.

Aya Gold & Silver Price Performance

AYA opened at C$13.10 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. Aya Gold & Silver has a 12 month low of C$9.06 and a 12 month high of C$19.56. The company has a fifty day simple moving average of C$16.84 and a 200 day simple moving average of C$15.33. The stock has a market cap of C$1.71 billion, a P/E ratio of 145.56 and a beta of 1.40.

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.