Aya Gold & Silver (TSE:AYA) Price Target Raised to C$55.00

Aya Gold & Silver (TSE:AYA) had its price objective upped by Desjardins from C$38.00 to C$55.00 in a research report sent to investors on Thursday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other research firms also recently weighed in on AYA. National Bank Financial boosted their target price on Aya Gold & Silver from C$41.00 to C$43.00 and gave the stock an “outperform” rating in a research report on Thursday, August 20th. Canadian Imperial Bank of Commerce increased their price target on shares of Aya Gold & Silver from C$35.00 to C$41.50 in a research report on Friday, August 14th. Finally, BMO Capital Markets lifted their price target on shares of Aya Gold & Silver from C$36.00 to C$41.00 in a research note on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. Based on data from MarketBeat.com, Aya Gold & Silver has an average rating of “Buy” and a consensus price target of C$39.50.

Aya Gold & Silver Trading Down 4.1%

TSE AYA opened at C$38.85 on Thursday. The company has a quick ratio of 3.28, a current ratio of 2.02 and a debt-to-equity ratio of 17.63. The stock’s 50-day simple moving average is C$31.12 and its two-hundred day simple moving average is C$26.68. Aya Gold & Silver has a twelve month low of C$11.95 and a twelve month high of C$41.98. The company has a market capitalization of C$5.60 billion, a price-to-earnings ratio of 50.44 and a beta of 3.09.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$0.33 earnings per share (EPS) for the quarter. The firm had revenue of C$137.52 million during the quarter. Aya Gold & Silver had a return on equity of 25.26% and a net margin of 32.72%. Research analysts forecast that Aya Gold & Silver will post 0.6384455 EPS 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.