Aya Gold & Silver (TSE:AYA) Shares Down 5.6% – Should You Sell?

Aya Gold & Silver Inc. (TSE:AYA)’s share price fell 5.6% during mid-day trading on Tuesday . The company traded as low as C$26.70 and last traded at C$27.42. Approximately 1,201,872 shares changed hands during trading, a decline of 22% from the average daily volume of 1,535,286 shares. The stock had previously closed at C$29.05.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AYA. Desjardins set a C$38.00 target price on shares of Aya Gold & Silver and gave the company a “buy” rating in a research report on Monday. Scotiabank raised shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$30.58.

Aya Gold & Silver Price Performance

The company has a debt-to-equity ratio of 21.87, a current ratio of 2.22 and a quick ratio of 3.28. The stock’s fifty day moving average is C$26.78 and its 200-day moving average is C$24.76. The stock has a market cap of C$3.93 billion, a PE ratio of 45.70 and a beta of 3.07.

Aya Gold & Silver (TSE:AYA) last issued its earnings results on Thursday, May 14th. The company reported C$0.46 EPS for the quarter. The company had revenue of C$163.04 million for the quarter. Aya Gold & Silver had a net margin of 30.38% and a return on equity of 20.80%. As a group, equities analysts anticipate that Aya Gold & Silver Inc. 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.