Aya Gold & Silver (TSE:AYA) PT Set at C$38.00 by Desjardins

Aya Gold & Silver (TSE:AYA) received a C$38.00 price objective from Desjardins in a research report issued on Monday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price target would suggest a potential upside of 32.82% from the stock’s previous close.

Separately, Scotiabank raised shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$30.58.

Aya Gold & Silver Trading Up 3.0%

Shares of TSE AYA traded up C$0.82 during midday trading on Monday, reaching C$28.61. 552,741 shares of the stock were exchanged, compared to its average volume of 1,535,000. The stock has a 50 day moving average price of C$26.73 and a 200-day moving average price of C$24.70. The company has a current ratio of 2.22, a quick ratio of 3.28 and a debt-to-equity ratio of 21.87. The company has a market capitalization of C$4.10 billion, a P/E ratio of 47.68 and a beta of 3.07. Aya Gold & Silver has a 52-week low of C$11.45 and a 52-week high of C$30.85.

Aya Gold & Silver (TSE:AYA) last released its earnings results on Thursday, May 14th. The company reported C$0.46 earnings per share for the quarter. Aya Gold & Silver had a return on equity of 20.80% and a net margin of 30.38%.The firm had revenue of C$163.04 million for the quarter. Equities research analysts expect that Aya Gold & Silver will post 0.6384455 earnings per share for the current fiscal year.

About Aya Gold & Silver

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault – one of Africa’s most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.