Aya Gold & Silver (TSE:AYA) Given New C$19.75 Price Target at National Bankshares

Aya Gold & Silver (TSE:AYA) had its target price reduced by equities researchers at National Bankshares from C$20.75 to C$19.75 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 88.10% from the stock’s previous close.

A number of other brokerages have also recently issued reports on AYA. Stifel Nicolaus set a C$22.50 target price on Aya Gold & Silver and gave the company a “buy” rating in a research report on Wednesday, March 19th. CIBC reduced their target price 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. Desjardins reduced their target price on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. Stifel Canada raised shares of Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, March 19th. Finally, Cormark lowered their price objective on Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$20.59.

Aya Gold & Silver Price Performance

Shares of Aya Gold & Silver stock traded down C$0.55 during mid-day trading on Wednesday, reaching C$10.50. 618,562 shares of the stock traded hands, compared to its average volume of 807,966. Aya Gold & Silver has a fifty-two week low of C$10.12 and a fifty-two week high of C$19.56. The stock has a market capitalization of C$970.95 million, a PE ratio of 124.05 and a beta of 1.40. The business has a 50-day moving average of C$11.95 and a 200 day moving average of C$13.72. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69.

Insider Buying and Selling at Aya Gold & Silver

In related news, Senior Officer Alex Ball sold 20,000 shares of Aya Gold & Silver stock in a transaction on Monday, January 20th. The shares were sold at an average price of C$12.08, for a total value of C$241,600.00. Also, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of Aya Gold & Silver stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of C$11.29, for a total value of C$435,761.85. In the last quarter, 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.