Aya Gold & Silver (TSE:AYA) Hits New 12-Month High – Time to Buy?

Aya Gold & Silver Inc. (TSE:AYA) shares hit a new 52-week high on Monday . The stock traded as high as C$19.69 and last traded at C$19.06, with a volume of 548150 shares traded. The stock had previously closed at C$19.04.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AYA shares. CIBC increased their price objective on shares of Aya Gold & Silver from C$23.00 to C$25.00 in a research note on Friday, October 10th. Cormark increased their target price on Aya Gold & Silver from C$12.50 to C$17.50 in a research report on Tuesday, September 16th. Finally, Stifel Nicolaus lifted their price target on Aya Gold & Silver from C$22.00 to C$33.00 in a report on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Aya Gold & Silver has an average rating of “Buy” and a consensus price target of C$22.14.

Aya Gold & Silver Stock Performance

The business’s 50-day moving average price is C$15.55 and its 200-day moving average price is C$13.92. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. The stock has a market cap of C$2.77 billion, a PE ratio of -650.67 and a beta of 1.24.

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.