Stifel Nicolaus Reiterates C$22.50 Price Target for Aya Gold & Silver (TSE:AYA)

Stifel Nicolaus set a C$22.50 price target on Aya Gold & Silver (TSE:AYA) in a research note published on Wednesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Other research analysts have also issued reports about the stock. National Bankshares decreased their target price on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Cormark reduced their price objective on Aya Gold & Silver from C$14.00 to C$13.00 in a research report on Thursday, January 30th. CIBC set a C$24.00 target price on Aya Gold & Silver and gave the company an “outperform” rating in a report on Friday, November 22nd. Cibc World Mkts upgraded Aya Gold & Silver to a “strong-buy” rating in a report on Friday, November 22nd. Finally, Desjardins lowered their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a research report on Thursday, February 13th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Aya Gold & Silver presently has an average rating of “Buy” and a consensus price target of C$20.97.

Aya Gold & Silver Price Performance

Shares of TSE AYA opened at C$13.29 on Wednesday. The firm has a 50-day simple moving average of C$11.86 and a 200-day simple moving average of C$13.83. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. The stock has a market capitalization of C$1.23 billion, a price-to-earnings ratio of 157.01 and a beta of 1.40. Aya Gold & Silver has a 52 week low of C$10.12 and a 52 week high of C$19.56.

Insider Buying and Selling

In related news, Senior Officer Alex Ball sold 20,000 shares of the stock in a transaction that occurred on Monday, January 20th. The shares were sold at an average price of C$12.08, for a total transaction of C$241,600.00. Also, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total value of C$435,761.85. In the last ninety days, insiders sold 152,835 shares of company stock valued at $1,761,507. 10.18% of the stock is currently owned by insiders.

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.