National Bankshares Cuts Aya Gold & Silver (TSE:AYA) Price Target to C$23.00

Aya Gold & Silver (TSE:AYA) had its price target lowered by National Bankshares from C$24.00 to C$23.00 in a report published on Wednesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other equities research analysts have also weighed in on the company. Desjardins lifted their price objective on Aya Gold & Silver from C$21.00 to C$26.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. Stifel Nicolaus boosted their price target on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research report on Monday, October 21st. BMO Capital Markets set a C$21.50 price objective on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a report on Monday, July 22nd. Finally, Eight Capital boosted their target price on shares of Aya Gold & Silver from C$22.00 to C$26.00 in a report on Thursday, July 11th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$21.64.

Aya Gold & Silver Stock Down 1.9 %

AYA opened at C$18.28 on Wednesday. Aya Gold & Silver has a twelve month low of C$6.73 and a twelve month high of C$19.56. The company’s 50-day moving average price is C$16.58 and its two-hundred day moving average price is C$15.02. The stock has a market cap of C$2.38 billion, a price-to-earnings ratio of 203.11 and a beta of 1.40. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C$0.07 EPS for the quarter, beating the consensus estimate of C$0.01 by C$0.06. Aya Gold & Silver had a return on equity of 3.70% and a net margin of 22.31%. The business had revenue of C$18.72 million for the quarter. As a group, equities analysts expect that Aya Gold & Silver will post 0.6384455 earnings per share for the current year.

Aya Gold & Silver Company Profile

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.