Desjardins Upgrades Aya Gold & Silver (TSE:AYA) to Moderate Buy

Desjardins upgraded shares of Aya Gold & Silver (TSE:AYA) to a moderate buy rating in a research note published on Thursday morning, Zacks.com reports.

Several other research firms have also recently commented on AYA. National Bankshares lowered their target price on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. Stifel Nicolaus boosted their target price on Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. BMO Capital Markets set a C$21.50 target price on Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Monday, July 22nd. Finally, Eight Capital upped their price objective on Aya Gold & Silver from C$22.00 to C$26.00 in a research report on Thursday, July 11th. Four research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$21.64.

Aya Gold & Silver Trading Down 0.5 %

Shares of AYA stock traded down C$0.09 on Thursday, hitting C$17.80. The stock had a trading volume of 290,818 shares, compared to its average volume of 406,261. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28. The firm has a market capitalization of C$2.32 billion, a P/E ratio of 197.78 and a beta of 1.40. Aya Gold & Silver has a 1 year low of C$7.10 and a 1 year high of C$19.56. The company’s 50 day moving average price is C$16.81 and its 200-day moving average price is C$15.21.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.01 by C$0.06. The firm had revenue of C$18.72 million for the quarter. Aya Gold & Silver had a return on equity of 3.70% and a net margin of 22.31%. Analysts anticipate that Aya Gold & Silver will post 0.6384455 earnings per share for the current year.

Aya Gold & Silver Company Profile

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.