Aya Gold & Silver (TSE:AYA) Price Target Raised to C$23.00

Aya Gold & Silver (TSE:AYA) had its price objective increased by Stifel Nicolaus from C$22.50 to C$23.00 in a report issued on Monday morning,BayStreet.CA reports.

Other research analysts also recently issued reports about the company. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, April 3rd. Stifel Canada raised shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, March 19th. Cormark decreased their target price on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a research report on Thursday, January 30th. CIBC lowered their price target on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating for the company in a report on Monday, March 31st. Finally, National Bankshares reduced their price objective on Aya Gold & Silver from C$20.75 to C$19.75 and set an “outperform” rating on the stock in a research note on Wednesday, April 2nd. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Aya Gold & Silver has a consensus rating of “Buy” and a consensus target price of C$21.18.

Aya Gold & Silver Trading Down 2.8 %

Shares of AYA stock opened at C$9.92 on Monday. The stock’s 50-day moving average price is C$11.47 and its 200-day moving average price is C$12.95. Aya Gold & Silver has a 12-month low of C$8.53 and a 12-month high of C$19.56. The stock has a market capitalization of C$917.32 million, a price-to-earnings ratio of 117.20 and a beta of 1.40. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69.

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.