Stifel Nicolaus Has Lowered Expectations for Aya Gold & Silver (TSE:AYA) Stock Price

Aya Gold & Silver (TSE:AYA) had its price objective trimmed by Stifel Nicolaus from C$23.00 to C$22.25 in a research note issued to investors on Monday morning,BayStreet.CA reports.

A number of other research analysts have also issued reports on AYA. CIBC set a C$24.00 target price on Aya Gold & Silver and gave the company an “outperform” rating in a report on Friday, November 22nd. Cormark cut shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and dropped their price objective for the company from C$20.00 to C$14.00 in a research note on Friday, November 15th. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Finally, National Bankshares dropped their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$21.72.

Aya Gold & Silver Stock Performance

Shares of AYA stock opened at C$13.58 on Monday. The stock’s 50-day moving average price is C$16.80 and its 200 day moving average price is C$15.32. 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$1.77 billion, a PE ratio of 150.89 and a beta of 1.40. Aya Gold & Silver has a 52-week low of C$9.30 and a 52-week high of C$19.56.

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.