Aya Gold & Silver Inc. (TSE:AYA) Given Average Recommendation of “Buy” by Brokerages

Aya Gold & Silver Inc. (TSE:AYA) has received an average recommendation of “Buy” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. One equities research 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 brokerages that have issued a report on the stock in the last year is C$20.91.

A number of research firms have recently issued reports on AYA. CIBC dropped their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research note on Monday, March 31st. National Bankshares dropped their price target on shares of Aya Gold & Silver from C$20.75 to C$19.75 and set an “outperform” rating for the company in a research note on Wednesday, April 2nd. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, April 3rd. Stifel Nicolaus lifted their price target on shares of Aya Gold & Silver from C$22.50 to C$23.00 in a research note on Monday, April 21st. Finally, Stifel Canada upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, March 19th.

Aya Gold & Silver Trading Down 3.3%

AYA opened at C$13.97 on Tuesday. The firm has a market capitalization of C$1.29 billion, a P/E ratio of 165.04 and a beta of 1.40. The firm’s 50 day moving average is C$10.77 and its 200-day moving average is C$11.57. Aya Gold & Silver has a 52-week low of C$8.52 and a 52-week high of C$19.56. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69.

Insiders Place Their Bets

In other Aya Gold & Silver news, Director John Feliks Burzynski acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, May 27th. The stock was purchased at an average price of C$11.77 per share, with a total value of C$58,850.00. Insiders acquired a total of 15,000 shares of company stock valued at $185,600 over the last 90 days. 10.18% of the stock is owned by company insiders.

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.