Aya Gold & Silver (TSE:AYA) Given New C$35.00 Price Target at CIBC

Aya Gold & Silver (TSE:AYA) had its target price upped by equities research analysts at CIBC from C$30.00 to C$35.00 in a note issued to investors on Wednesday,BayStreet.CA reports. CIBC’s price objective points to a potential upside of 52.17% from the stock’s current price.

AYA has been the subject of several other research reports. Stifel Nicolaus decreased their target price on shares of Aya Gold & Silver from C$33.00 to C$31.50 and set a “buy” rating for the company in a research report on Friday, December 19th. Desjardins increased their price objective on Aya Gold & Silver from C$30.00 to C$32.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. Finally, BMO Capital Markets lowered their target price on Aya Gold & Silver from C$33.00 to C$29.00 in a research report on Wednesday, January 14th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$25.56.

Aya Gold & Silver Stock Performance

Shares of Aya Gold & Silver stock traded down C$0.30 during trading on Wednesday, hitting C$23.00. 1,152,600 shares of the stock were exchanged, compared to its average volume of 2,305,533. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. Aya Gold & Silver has a 12 month low of C$8.52 and a 12 month high of C$30.15. The stock’s fifty day moving average is C$21.21 and its 200 day moving average is C$16.86. The stock has a market cap of C$3.26 billion, a PE ratio of -766.67 and a beta of 2.09.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.