Analysts Set Aya Gold & Silver Inc. (TSE:AYA) Target Price at C$21.72

Shares of Aya Gold & Silver Inc. (TSE:AYA) have received an average recommendation of “Buy” from the six ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is C$21.50.

AYA has been the topic of a number of recent research reports. National Bankshares dropped their price target on Aya Gold & Silver from C$21.75 to C$21.25 and set an “outperform” rating on the stock in a research report on Thursday. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. Cibc World Mkts raised shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Friday, November 22nd. Stifel Nicolaus cut their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. Finally, Cormark lowered Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and lowered their target price for the stock from C$20.00 to C$14.00 in a report on Friday, November 15th.

Insiders Place Their Bets

In related news, Director Benoit La Salle sold 64,244 shares of Aya Gold & Silver stock in a transaction that occurred on 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 business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of C$11.29, for a total transaction of C$435,761.85. Corporate insiders own 10.18% of the company’s stock.

Aya Gold & Silver Trading Up 2.8 %

AYA opened at C$11.95 on Friday. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42. The stock’s fifty day moving average is C$12.91 and its two-hundred day moving average is C$14.77. The company has a market capitalization of C$1.56 billion, a P/E 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.

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.