Stifel Nicolaus Issues Pessimistic Forecast for Aya Gold & Silver (TSE:AYA) Stock Price

Aya Gold & Silver (TSE:AYA) had its price target reduced by Stifel Nicolaus from C$23.00 to C$22.25 in a report published on Monday morning,BayStreet.CA reports.

Other analysts have also issued reports about the stock. Cormark lowered shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and decreased their price target for the stock from C$20.00 to C$14.00 in a research report on Friday, November 15th. National Bankshares decreased their target price on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. Finally, CIBC set a C$24.00 price objective on Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$21.72.

Aya Gold & Silver Stock Down 2.3 %

AYA opened at C$13.10 on Monday. Aya Gold & Silver has a 1-year low of C$9.06 and a 1-year high of C$19.56. The business has a 50 day moving average of C$16.84 and a 200-day moving average of C$15.33. The stock has a market capitalization of C$1.71 billion, a price-to-earnings ratio of 145.56 and a beta of 1.40. The company has a current ratio of 2.66, a quick ratio of 3.28 and a debt-to-equity ratio of 36.42.

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.