National Bankshares Cuts Aya Gold & Silver (TSE:AYA) Price Target to C$20.75

Aya Gold & Silver (TSE:AYA) had its target price lowered by equities research analysts at National Bankshares from C$21.25 to C$20.75 in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 76.00% from the stock’s previous close.

A number of other analysts have also recently weighed in on the company. CIBC set a C$24.00 price target on Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday, November 22nd. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Cormark dropped their price target on Aya Gold & Silver from C$14.00 to C$13.00 in a research report on Thursday, January 30th. Cibc World Mkts upgraded Aya Gold & Silver to a “strong-buy” rating in a report on Friday, November 22nd. Finally, Stifel Nicolaus lowered their price target on Aya Gold & Silver from C$23.00 to C$22.25 in a research report on Monday, November 25th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$21.31.

Aya Gold & Silver Stock Performance

Shares of TSE AYA traded down C$0.10 during trading hours on Tuesday, reaching C$11.79. The stock had a trading volume of 856,126 shares, compared to its average volume of 674,690. The business’s fifty day moving average is C$11.79 and its two-hundred day moving average is C$14.36. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28. The company has a market cap of C$1.54 billion, a price-to-earnings ratio of 131.00 and a beta of 1.40. Aya Gold & Silver has a twelve month low of C$9.40 and a twelve month high of C$19.56.

Insider Activity at Aya Gold & Silver

In other news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was 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 company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total value of C$724,145.52. Insiders sold 152,835 shares of company stock worth $1,761,507 in the last ninety days. 10.18% of the stock is owned by company insiders.

About Aya Gold & Silver

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.