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

Aya Gold & Silver (TSE:AYA) had its target price raised by equities researchers at National Bank Financial from C$41.00 to C$43.00 in a report issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 15.68% from the stock’s previous close.

Other research analysts have also issued reports about the stock. BMO Capital Markets increased their price target on shares of Aya Gold & Silver from C$36.00 to C$41.00 in a research note on Friday, August 14th. Canadian Imperial Bank of Commerce boosted their price objective on shares of Aya Gold & Silver from C$35.00 to C$41.50 in a research note on Friday, August 14th. Desjardins set a C$38.00 price objective on shares of Aya Gold & Silver and gave the stock a “buy” rating in a report on Monday, July 27th. Finally, Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to data from MarketBeat.com, Aya Gold & Silver presently has an average rating of “Buy” and a consensus target price of C$36.67.

Aya Gold & Silver Stock Down 1.1%

AYA stock traded down C$0.41 during midday trading on Thursday, hitting C$37.17. The stock had a trading volume of 518,458 shares, compared to its average volume of 1,506,159. The business has a 50-day moving average of C$29.66 and a two-hundred day moving average of C$25.93. The company has a debt-to-equity ratio of 17.63, a current ratio of 2.02 and a quick ratio of 3.28. The firm has a market cap of C$5.35 billion, a price-to-earnings ratio of 61.95 and a beta of 3.09. Aya Gold & Silver has a 52-week low of C$11.69 and a 52-week high of C$40.16.

Aya Gold & Silver (TSE:AYA) last announced its quarterly earnings data on Thursday, August 13th. The company reported C$0.33 EPS for the quarter. Aya Gold & Silver had a return on equity of 25.26% and a net margin of 32.72%.The business had revenue of C$137.52 million during the quarter. As a group, equities research analysts forecast that Aya Gold & Silver will post 0.6384455 earnings per share for the current fiscal year.

About Aya Gold & Silver

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault – one of Africa’s most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.