Aya Gold & Silver (TSE:AYA) PT Raised to C$22.00 at Eight Capital

Aya Gold & Silver (TSE:AYA) had its price objective hoisted by research analysts at Eight Capital from C$17.00 to C$22.00 in a report released on Tuesday, BayStreet.CA reports. Eight Capital’s target price suggests a potential upside of 65.79% from the company’s current price.

A number of other equities analysts have also recently commented on AYA. Raymond James raised their target price on Aya Gold & Silver from C$10.50 to C$13.25 in a report on Friday, January 12th. Stifel Nicolaus lowered their target price on Aya Gold & Silver from C$16.00 to C$14.00 in a report on Monday, April 1st. Finally, National Bankshares raised their target price on Aya Gold & Silver from C$14.00 to C$14.50 and gave the company an “outperform” rating in a report on Tuesday, February 6th.

Aya Gold & Silver Stock Performance

Shares of Aya Gold & Silver stock opened at C$13.27 on Tuesday. The business has a 50-day moving average of C$11.14 and a 200 day moving average of C$9.79. Aya Gold & Silver has a 12 month low of C$6.58 and a 12 month high of C$14.01. The stock has a market capitalization of C$1.73 billion, a price-to-earnings ratio of 442.33 and a beta of 1.36. The company has a debt-to-equity ratio of 26.11, a current ratio of 1.72 and a quick ratio of 3.28.

About Aya Gold & Silver

Aya Gold & Silver Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of precious metal properties in Morocco. The company primarily explores for gold, silver, zinc, lead, tungsten, molybdenum, uranium, and copper 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.