Aya Gold & Silver (TSE:AYA) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Aya Gold & Silver (TSE:AYA) had its price objective hoisted by investment analysts at Raymond James Financial from C$32.00 to C$45.00 in a research report issued to clients and investors on Thursday, BayStreet reports. The firm presently has an “outperform” rating on the stock. Raymond James Financial’s price objective would indicate a potential upside of 15.56% from the stock’s current price.

AYA has been the subject of several other research reports. Canadian Imperial Bank of Commerce boosted their price target on Aya Gold & Silver from C$35.00 to C$41.50 in a report on Friday, August 14th. Desjardins raised their price objective on Aya Gold & Silver from C$38.00 to C$55.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. BMO Capital Markets lifted their price objective on Aya Gold & Silver from C$36.00 to C$41.00 in a research report on Friday, August 14th. Finally, National Bank Financial boosted their price objective on Aya Gold & Silver from C$41.00 to C$43.00 and gave the company an “outperform” rating in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. According to MarketBeat, Aya Gold & Silver currently has an average rating of “Buy” and an average price target of C$41.93.

Aya Gold & Silver Stock Performance

Shares of AYA traded down C$2.33 on Thursday, reaching C$38.94. The company’s stock had a trading volume of 520,691 shares, compared to its average volume of 1,464,521. Aya Gold & Silver has a 12-month low of C$11.95 and a 12-month high of C$41.98. The stock has a market capitalization of C$5.61 billion, a P/E ratio of 50.55 and a beta of 3.30. The company has a debt-to-equity ratio of 17.63, a current ratio of 2.02 and a quick ratio of 3.28. The stock’s 50 day simple moving average is C$33.21 and its two-hundred day simple moving average is C$27.62.

Aya Gold & Silver (TSE:AYA) last issued 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 net margin of 32.72% and a return on equity of 25.26%. Research analysts forecast 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.