Aya Gold & Silver (TSE:AYA) Price Target Cut to C$21.25 by Analysts at National Bankshares

Aya Gold & Silver (TSE:AYA) had its price objective reduced by investment analysts at National Bankshares from C$21.75 to C$21.25 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 84.46% from the stock’s previous close.

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

Aya Gold & Silver Price Performance

AYA stock traded up C$0.33 during trading on Thursday, hitting C$11.52. The stock had a trading volume of 307,349 shares, compared to its average volume of 642,801. Aya Gold & Silver has a 1-year low of C$9.40 and a 1-year high of C$19.56. The stock has a market cap of C$1.50 billion, a price-to-earnings ratio of 128.00 and a beta of 1.40. The company’s 50 day moving average price is C$13.16 and its two-hundred day moving average price is C$14.81. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66.

Insider Buying and Selling at Aya Gold & Silver

In other Aya Gold & Silver news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total transaction of C$435,761.85. Also, Director Benoit La Salle sold 64,244 shares of the business’s stock in a transaction that occurred 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. Insiders own 10.18% of the company’s stock.

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.