Aya Gold & Silver (TSE:AYA) Rating Increased to Moderate Buy at Desjardins

Desjardins upgraded shares of Aya Gold & Silver (TSE:AYA) to a moderate buy rating in a research report report published on Thursday morning,Zacks.com reports.

Several other research firms have also recently weighed in on AYA. Stifel Canada raised Aya Gold & Silver to a “strong-buy” rating in a research report on Wednesday, March 19th. CIBC dropped their price target on Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Monday, March 31st. Cormark reduced their price target on Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. Stifel Nicolaus set a C$22.50 price objective on Aya Gold & Silver and gave the company a “buy” rating in a research report on Wednesday, March 19th. Finally, National Bankshares reduced their target price on shares of Aya Gold & Silver from C$20.75 to C$19.75 and set an “outperform” rating on the stock in a research report on Wednesday. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Aya Gold & Silver currently has a consensus rating of “Buy” and a consensus price target of C$20.59.

Aya Gold & Silver Trading Down 10.3 %

Shares of AYA opened at C$8.86 on Thursday. Aya Gold & Silver has a 1-year low of C$8.53 and a 1-year high of C$19.56. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. The firm’s 50-day moving average price is C$11.84 and its 200-day moving average price is C$13.60. The firm has a market capitalization of C$819.30 million, a price-to-earnings ratio of 104.67 and a beta of 1.40.

Insider Transactions at Aya Gold & Silver

In related news, Senior Officer Alex Ball sold 20,000 shares of the firm’s 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. Insiders own 10.18% of the company’s stock.

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.