Analysts Set Aya Gold & Silver Inc. (TSE:AYA) Price Target at C$23.93

Aya Gold & Silver Inc. (TSE:AYA) has earned an average recommendation of “Buy” from the seven analysts that are presently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$23.93.

Several equities research analysts recently commented on the company. CIBC upped their target price on Aya Gold & Silver from C$25.00 to C$27.00 in a research report on Wednesday, December 17th. Desjardins boosted their price target on Aya Gold & Silver from C$30.00 to C$32.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Cormark raised their price objective on shares of Aya Gold & Silver from C$12.50 to C$17.50 in a research report on Tuesday, September 16th. Finally, Stifel Nicolaus dropped their target price on shares of Aya Gold & Silver from C$33.00 to C$31.50 and set a “buy” rating on the stock in a research report on Friday.

Aya Gold & Silver Price Performance

AYA stock opened at C$19.91 on Friday. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. The firm has a market cap of C$2.83 billion, a price-to-earnings ratio of -663.67 and a beta of 1.37. The company’s fifty day simple moving average is C$16.65 and its 200 day simple moving average is C$14.76. Aya Gold & Silver has a 12-month low of C$8.52 and a 12-month high of C$21.80.

About Aya Gold & Silver

Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.