Aya Gold & Silver (TSE:AYA) PT Raised to C$23.00 at Stifel Nicolaus

Aya Gold & Silver (TSE:AYA) had its price objective raised by stock analysts at Stifel Nicolaus from C$18.50 to C$23.00 in a report released on Monday, BayStreet.CA reports. Stifel Nicolaus’ price objective would suggest a potential upside of 21.12% from the stock’s previous close.

AYA has been the subject of a number of other research reports. BMO Capital Markets set a C$21.50 target price on Aya Gold & Silver and gave the company an “outperform” rating in a report on Monday, July 22nd. National Bankshares reduced their target price on Aya Gold & Silver from C$22.00 to C$21.75 and set an “outperform” rating for the company in a report on Wednesday, July 17th. Desjardins lifted their target price on Aya Gold & Silver from C$21.00 to C$26.00 and gave the company a “buy” rating in a report on Monday, July 22nd. Finally, Eight Capital lifted their price target on Aya Gold & Silver from C$22.00 to C$26.00 in a research report on Thursday, July 11th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Aya Gold & Silver currently has a consensus rating of “Buy” and an average price target of C$21.46.

Aya Gold & Silver Price Performance

AYA traded up C$0.12 during trading on Monday, reaching C$18.99. 459,480 shares of the company were exchanged, compared to its average volume of 401,165. Aya Gold & Silver has a 12-month low of C$6.73 and a 12-month high of C$19.54. The company’s 50-day moving average is C$16.13 and its two-hundred day moving average is C$14.79. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42. The company has a market cap of C$2.48 billion, a price-to-earnings ratio of 211.00 and a beta of 1.40.

Aya Gold & Silver (TSE:AYA) last posted its earnings results on Wednesday, August 14th. The company reported C$0.07 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.01 by C$0.06. The business had revenue of C$18.72 million during the quarter. Aya Gold & Silver had a return on equity of 3.70% and a net margin of 22.31%. Research analysts forecast that Aya Gold & Silver will post 0.6384455 earnings per share for the current fiscal 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.