Cormark Cuts Aya Gold & Silver (TSE:AYA) Price Target to C$13.00

Aya Gold & Silver (TSE:AYA) had its price objective reduced by stock analysts at Cormark from C$14.00 to C$13.00 in a report issued on Thursday,BayStreet.CA reports. Cormark’s price objective would suggest a potential upside of 6.91% from the stock’s previous close. Cormark also issued estimates for Aya Gold & Silver’s FY2025 earnings at $0.62 EPS.

Several other equities research analysts have also commented on AYA. Cibc World Mkts raised shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Stifel Nicolaus decreased their target price on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. National Bankshares decreased their target price on shares of Aya Gold & Silver from C$21.75 to C$21.25 and set an “outperform” rating for the company in a report on Thursday, January 9th. Finally, CIBC set a C$24.00 target price on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a report on Friday, November 22nd. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$21.38.

Aya Gold & Silver Stock Up 7.6 %

TSE:AYA traded up C$0.86 during mid-day trading on Thursday, hitting C$12.16. 305,864 shares of the company’s stock were exchanged, compared to its average volume of 638,037. Aya Gold & Silver has a one year low of C$9.40 and a one year high of C$19.56. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28. The business has a fifty day moving average price of C$11.98 and a 200 day moving average price of C$14.54. The company has a market cap of C$1.59 billion, a PE ratio of 135.11 and a beta of 1.40.

Insider Activity

In related news, Senior Officer Alex Ball sold 20,000 shares of the company’s stock in a transaction on Monday, January 20th. The shares were sold at an average price of C$12.08, for a total transaction of C$241,600.00. Also, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$11.29, for a total transaction of C$435,761.85. Insiders sold 152,835 shares of company stock valued at $1,761,507 over the last three months. Insiders own 10.18% of the company’s stock.

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.