Aya Gold & Silver (NASDAQ:AYA) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Aya Gold & Silver (NASDAQ:AYA) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

A number of other equities research analysts have also commented on the stock. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a report on Friday, May 15th. Scotiabank raised shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, May 20th. Finally, Weiss Ratings cut Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Aya Gold & Silver Trading Up 4.8%

NASDAQ AYA opened at $20.04 on Monday. Aya Gold & Silver has a one year low of $15.84 and a one year high of $21.99. The stock has a market cap of $2.88 billion and a PE ratio of 60.73.

Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.