Aya Gold & Silver (TSE:AYA) Reaches New 1-Year High – Should You Buy?

Aya Gold & Silver Inc. (TSE:AYA) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$38.40 and last traded at C$38.25, with a volume of 353951 shares. The stock had previously closed at C$37.88.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on AYA shares. Desjardins set a C$38.00 target price on Aya Gold & Silver and gave the company a “buy” rating in a research note on Monday, July 27th. Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$30.58.

Aya Gold & Silver Trading Up 2.0%

The firm’s 50 day moving average is C$27.81 and its 200 day moving average is C$25.29. 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 company has a market capitalization of C$5.54 billion, a PE ratio of 64.37 and a beta of 3.09.

Aya Gold & Silver (TSE:AYA) last announced its quarterly earnings results on Thursday, May 14th. The company reported C$0.46 earnings per share for the quarter. The business had revenue of C$163.04 million during 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 predict that Aya Gold & Silver Inc. will post 0.6384455 EPS for the current year.

Aya Gold & Silver Company Profile

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.