Aya Gold & Silver (TSE:AYA) Given New C$41.50 Price Target at Canadian Imperial Bank of Commerce

Aya Gold & Silver (TSE:AYA) had its target price boosted by stock analysts at Canadian Imperial Bank of Commerce from C$35.00 to C$41.50 in a note issued to investors on Friday,BayStreet.CA reports. Canadian Imperial Bank of Commerce’s price objective indicates a potential upside of 16.28% from the company’s current price.

Several other equities analysts have also recently issued reports on AYA. Desjardins set a C$38.00 price target on Aya Gold & Silver and gave the company a “buy” rating in a research report on Monday, July 27th. Scotiabank raised Aya Gold & Silver to a “strong-buy” rating in a research note on Thursday, April 23rd. Finally, BMO Capital Markets lifted their target price on Aya Gold & Silver from C$36.00 to C$41.00 in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Aya Gold & Silver has an average rating of “Buy” and a consensus price target of C$33.67.

Aya Gold & Silver Price Performance

Shares of TSE:AYA traded down C$1.75 during trading on Friday, reaching C$35.69. The company had a trading volume of 859,349 shares, compared to its average volume of 1,517,409. The firm’s fifty day moving average is C$28.63 and its 200 day moving average is C$25.66. The company has a debt-to-equity ratio of 21.87, a quick ratio of 3.28 and a current ratio of 2.22. The firm has a market capitalization of C$5.12 billion, a PE ratio of 59.48 and a beta of 3.09. Aya Gold & Silver has a twelve month low of C$11.45 and a twelve month high of C$40.16.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$0.33 EPS for the quarter. Aya Gold & Silver had a net margin of 30.38% and a return on equity of 20.80%. The business had revenue of C$137.52 million for the quarter. On average, equities analysts forecast that Aya Gold & Silver will post 0.6384455 EPS for the current 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.