Aya Gold & Silver (TSE:AYA) Upgraded to “Strong-Buy” at Stifel Canada

Aya Gold & Silver (TSE:AYA) was upgraded by Stifel Canada to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other research firms have also recently commented on AYA. Cormark decreased their target price on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. 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, November 22nd. Cibc World Mkts upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Friday, November 22nd. Stifel Nicolaus set a C$22.50 price objective on shares of Aya Gold & Silver and gave the company a “buy” rating in a research report on Wednesday. Finally, National Bankshares reduced their price objective 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 report on Tuesday, February 11th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$20.97.

Aya Gold & Silver Price Performance

TSE AYA opened at C$13.26 on Wednesday. Aya Gold & Silver has a 12 month low of C$10.12 and a 12 month high of C$19.56. The stock has a market cap of C$1.23 billion, a price-to-earnings ratio of 156.66 and a beta of 1.40. The company’s 50 day moving average is C$11.90 and its two-hundred day moving average is C$13.82. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69.

Insider Buying and Selling

In related news, Senior Officer Alex Ball sold 30,000 shares of the business’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of C$12.00, for a total value of C$360,000.00. Also, Director Benoit La Salle sold 64,244 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$11.27, for a total transaction of C$724,145.52. Over the last 90 days, insiders have sold 152,835 shares of company stock worth $1,761,507. Insiders own 10.18% of the company’s stock.

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.