Aya Gold & Silver Inc. (TSE:AYA) Given Average Recommendation of “Buy” by Brokerages

Aya Gold & Silver Inc. (TSE:AYA) has been given an average recommendation of “Buy” by the six brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$21.72.

AYA has been the topic of several recent research reports. Cormark cut shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and lowered their target price for the stock from C$20.00 to C$14.00 in a report on Friday, November 15th. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. CIBC set a C$24.00 target price on Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday, November 22nd. Cibc World Mkts raised Aya Gold & Silver to a “strong-buy” rating in a report on Friday, November 22nd. Finally, National Bankshares dropped their price target on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd.

Aya Gold & Silver Trading Up 1.7 %

Shares of TSE:AYA opened at C$11.19 on Friday. Aya Gold & Silver has a 12-month low of C$9.40 and a 12-month high of C$19.56. The business has a 50 day moving average of C$13.16 and a 200-day moving average of C$14.81. 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 stock has a market cap of C$1.46 billion, a PE ratio of 124.33 and a beta of 1.40.

Insider Activity

In other news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total transaction of C$435,761.85. Also, Director Benoit La Salle sold 64,244 shares of Aya Gold & Silver stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total transaction of C$724,145.52. 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.