Aya Gold & Silver Inc. (TSE:AYA) Receives C$21.72 Average Price Target from Analysts

Aya Gold & Silver Inc. (TSE:AYA) has been assigned a consensus recommendation of “Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is C$21.72.

Several brokerages recently issued reports on AYA. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. Stifel Nicolaus cut their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. 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. National Bankshares cut 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 report on Wednesday, October 23rd. Finally, Cormark downgraded shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and reduced their price objective for the stock from C$20.00 to C$14.00 in a research report on Friday, November 15th.

Aya Gold & Silver Price Performance

AYA stock opened at C$11.19 on Friday. 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 business has a 50-day simple moving average of C$13.16 and a two-hundred day simple moving average of C$14.81. The company has a market capitalization of C$1.46 billion, a P/E ratio of 124.33 and a beta of 1.40. Aya Gold & Silver has a 52-week low of C$9.40 and a 52-week high of C$19.56.

Insider Activity at Aya Gold & Silver

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