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

Aya Gold & Silver Inc. (TSE:AYA) has been assigned a consensus rating of “Buy” from the four brokerages that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a buy recommendation. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$21.64.

A number of equities research analysts recently issued reports on the company. Stifel Nicolaus boosted their price target on Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. Cormark downgraded Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and dropped their price target for the company from C$20.00 to C$14.00 in a research note on Friday. 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. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Finally, BMO Capital Markets set a C$21.50 price target on Aya Gold & Silver and gave the company an “outperform” rating in a research note on Monday, July 22nd.

Aya Gold & Silver Stock Up 8.6 %

Shares of TSE:AYA traded up C$1.01 during trading on Friday, hitting C$12.81. 1,146,502 shares of the company were exchanged, compared to its average volume of 423,926. Aya Gold & Silver has a fifty-two week low of C$8.33 and a fifty-two week high of C$19.56. The company has a current ratio of 2.66, a quick ratio of 3.28 and a debt-to-equity ratio of 36.42. The firm has a fifty day moving average price of C$17.00 and a two-hundred day moving average price of C$15.35. The stock has a market cap of C$1.67 billion, a price-to-earnings ratio of 142.33 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 (EPS) for the quarter, topping analysts’ consensus estimates of C$0.01 by C$0.06. Aya Gold & Silver had a net margin of 22.31% and a return on equity of 3.70%. The company had revenue of C$18.72 million during the quarter. As a group, research analysts anticipate 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.