Aya Gold & Silver (TSE:AYA) Stock Price Expected to Rise, CIBC Analyst Says

Aya Gold & Silver (TSE:AYA) had its price target boosted by CIBC from C$25.00 to C$27.00 in a report released on Wednesday,BayStreet.CA reports. CIBC’s target price would indicate a potential upside of 36.29% from the stock’s previous close.

AYA has been the topic of a number of other reports. Stifel Nicolaus increased their price target on shares of Aya Gold & Silver from C$22.00 to C$33.00 in a research report on Monday, October 20th. Cormark increased their target price on shares of Aya Gold & Silver from C$12.50 to C$17.50 in a report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. According to data from MarketBeat.com, Aya Gold & Silver currently has an average rating of “Buy” and an average price target of C$22.43.

Aya Gold & Silver Price Performance

Shares of Aya Gold & Silver stock traded down C$0.20 during trading on Wednesday, hitting C$19.81. 990,689 shares of the stock traded hands, compared to its average volume of 1,189,575. The stock has a market cap of C$2.81 billion, a price-to-earnings ratio of -660.33 and a beta of 1.37. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. Aya Gold & Silver has a 52 week low of C$8.52 and a 52 week high of C$21.80. The firm’s fifty day moving average is C$16.36 and its 200-day moving average is C$14.59.

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.