Aya Gold & Silver Inc. (TSE:AYA) Given Consensus Recommendation of “Buy” by Analysts

Shares of Aya Gold & Silver Inc. (TSE:AYA) have been given a consensus rating of “Buy” by the six research firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is C$21.72.

AYA has been the topic of a number of analyst reports. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. Cormark lowered shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and cut their price target for the stock from C$20.00 to C$14.00 in a report on Friday, November 15th. CIBC set a C$24.00 price objective on Aya Gold & Silver and gave the company an “outperform” rating in a report on Friday, November 22nd. National Bankshares dropped their target price on 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. Finally, Cibc World Mkts raised Aya Gold & Silver to a “strong-buy” rating in a report on Friday, November 22nd.

Aya Gold & Silver Price Performance

AYA opened at C$11.16 on Friday. The firm has a market capitalization of C$1.46 billion, a PE ratio of 124.00 and a beta of 1.40. 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 business’s 50-day moving average is C$13.58 and its two-hundred day moving average is C$14.85. Aya Gold & Silver has a 1 year low of C$9.40 and a 1 year 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.