Aya Gold & Silver Inc. (TSE:AYA) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Aya Gold & Silver Inc. (TSE:AYA) have earned an average rating of “Buy” from the six research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$21.50.

AYA has been the subject of several research reports. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Cormark lowered shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and lowered their price target for the company from C$20.00 to C$14.00 in a report on Friday, November 15th. CIBC set a C$24.00 price objective on Aya Gold & Silver and gave the company an “outperform” rating in a research note on Friday, November 22nd. National Bankshares decreased their price objective on Aya Gold & Silver from C$21.75 to C$21.25 and set an “outperform” rating for the company in a report on Thursday. Finally, Stifel Nicolaus reduced their price target on Aya Gold & Silver from C$23.00 to C$22.25 in a research report on Monday, November 25th.

Insider Buying and Selling

In other news, Director Benoit La Salle sold 64,244 shares of Aya Gold & Silver stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total value of C$724,145.52. Also, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of C$11.29, for a total transaction of C$435,761.85. 10.18% of the stock is currently owned by insiders.

Aya Gold & Silver Trading Up 2.8 %

Aya Gold & Silver stock opened at C$11.95 on Friday. The stock has a 50-day moving average price of C$12.91 and a 200 day moving average price of C$14.77. The company has a market capitalization of C$1.56 billion, a price-to-earnings ratio of 132.78 and a beta of 1.40. Aya Gold & Silver has a 52 week low of C$9.40 and a 52 week high of C$19.56. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42.

About Aya Gold & Silver

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.