Aya Gold & Silver Inc. (TSE:AYA) Receives Consensus Recommendation of “Buy” from Brokerages

Aya Gold & Silver Inc. (TSE:AYA) has been given an average rating of “Buy” by the seven analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$21.72.

A number of research firms have weighed in on AYA. National Bankshares dropped their target price on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. Cibc World Mkts upgraded Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. 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. Finally, Stifel Nicolaus dropped their price target on Aya Gold & Silver from C$23.00 to C$22.25 in a research report on Monday, November 25th.

Aya Gold & Silver Price Performance

Shares of TSE:AYA opened at C$12.55 on Tuesday. The company has a market capitalization of C$1.64 billion, a P/E ratio of 139.44 and a beta of 1.40. The company’s 50-day moving average is C$15.73 and its 200 day moving average is C$15.19. 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 fifty-two week low of C$9.40 and a fifty-two week high of C$19.56.

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.