Aya Gold & Silver (TSE:AYA) Upgraded to Moderate Buy at Desjardins

Aya Gold & Silver (TSE:AYA) was upgraded by analysts at Desjardins to a “moderate buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other equities analysts also recently weighed in on the company. National Bankshares dropped their price objective on Aya Gold & Silver from C$20.75 to C$19.75 and set an “outperform” rating for the company in a research note on Wednesday. Stifel Nicolaus set a C$22.50 price target on Aya Gold & Silver and gave the stock a “buy” rating in a research note on Wednesday, March 19th. Cormark lowered their price objective on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. Stifel Canada upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Wednesday, March 19th. Finally, CIBC lowered their price target on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Monday, March 31st. One analyst has rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Aya Gold & Silver has a consensus rating of “Buy” and a consensus target price of C$20.59.

Aya Gold & Silver Trading Down 10.3 %

Shares of AYA opened at C$8.86 on Thursday. Aya Gold & Silver has a twelve month low of C$8.53 and a twelve month high of C$19.56. 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 firm has a market capitalization of C$819.30 million, a P/E ratio of 104.67 and a beta of 1.40. The firm’s 50-day moving average is C$11.84 and its two-hundred day moving average is C$13.61.

Insider Transactions at Aya Gold & Silver

In other Aya Gold & Silver news, Senior Officer Alex Ball sold 20,000 shares of the stock in a transaction on Monday, January 20th. The stock was sold at an average price of C$12.08, for a total transaction of C$241,600.00. Insiders own 10.18% of the company’s stock.

About Aya Gold & Silver

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver 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.