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

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

Several other research analysts also recently issued reports on AYA. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. National Bankshares lowered their price target on shares of 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. Stifel Nicolaus upped their price target on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday, October 21st. Finally, Cormark cut 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 note on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$21.72.

Aya Gold & Silver Stock Down 2.3 %

Shares of TSE:AYA opened at C$13.10 on Friday. The company has a fifty day moving average of C$16.84 and a 200-day moving average of C$15.33. The company has a market capitalization of C$1.71 billion, a PE ratio of 145.56 and a beta of 1.40. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. Aya Gold & Silver has a 52-week low of C$9.06 and a 52-week high of C$19.56.

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.