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

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

AYA has been the subject of a number of other reports. BMO Capital Markets set a C$21.50 price target on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a report on Monday, July 22nd. Eight Capital lifted their target price on shares of Aya Gold & Silver from C$22.00 to C$26.00 in a research note on Thursday, July 11th. Stifel Nicolaus increased their price target on Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. Finally, National Bankshares lowered their price objective on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research report on Wednesday, October 23rd. Four research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Aya Gold & Silver currently has an average rating of “Buy” and an average price target of C$21.64.

Aya Gold & Silver Stock Performance

Aya Gold & Silver stock traded down C$0.09 during trading hours on Thursday, reaching C$17.80. 290,818 shares of the stock were exchanged, compared to its average volume of 406,261. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. The firm’s 50 day moving average is C$16.81 and its 200 day moving average is C$15.21. The stock has a market cap of C$2.32 billion, a P/E ratio of 197.78 and a beta of 1.40. Aya Gold & Silver has a 52-week low of C$7.10 and a 52-week high of C$19.56.

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

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.