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

Shares of Aya Gold & Silver Inc. (TSE:AYA) have been assigned a consensus rating of “Buy” from the eight research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$20.97.

Several analysts have recently weighed in on the company. National Bankshares lowered their target price on Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Stifel Canada upgraded Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, March 19th. Desjardins reduced their target price on Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating for the company in a research note on Thursday, February 13th. Stifel Nicolaus set a C$22.50 price target on shares of Aya Gold & Silver and gave the stock a “buy” rating in a research note on Wednesday, March 19th. Finally, Cormark cut 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.

Insider Buying and Selling

In other news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$11.29, for a total transaction of C$435,761.85. Also, Senior Officer Alex Ball sold 20,000 shares of Aya Gold & Silver stock in a transaction on Monday, January 20th. The stock was sold at an average price of C$12.08, for a total value of C$241,600.00. Insiders have sold a total of 152,835 shares of company stock valued at $1,761,507 over the last three months. Company insiders own 10.18% of the company’s stock.

Aya Gold & Silver Price Performance

Shares of AYA stock opened at C$12.44 on Thursday. The firm has a fifty day simple moving average of C$11.98 and a 200-day simple moving average of C$13.79. The company has a market capitalization of C$1.15 billion, a PE ratio of 146.97 and a beta of 1.40. Aya Gold & Silver has a twelve month low of C$10.12 and a twelve month 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.

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.