Aya Gold & Silver (TSE:AYA) Price Target Cut to C$22.25 by Analysts at Stifel Nicolaus

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

A number of other research analysts also recently commented on the company. Cormark downgraded Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and lowered their target price for the company from C$20.00 to C$14.00 in a research note on Friday, November 15th. National Bankshares dropped their price objective on 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. CIBC set a C$24.00 price objective on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday. Finally, Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Aya Gold & Silver currently has a consensus rating of “Moderate Buy” and a consensus price target of C$21.72.

Aya Gold & Silver Trading Down 2.3 %

Shares of TSE:AYA opened at C$13.10 on Monday. Aya Gold & Silver has a 12-month low of C$9.06 and a 12-month high of C$19.56. 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 firm has a market capitalization of C$1.71 billion, a P/E ratio of 145.56 and a beta of 1.40. The firm has a fifty day moving average of C$16.84 and a two-hundred day moving average of C$15.33.

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.