Aya Gold & Silver (TSE:AYA) Upgraded to “Moderate Buy” at Desjardins

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

Several other equities research analysts have also commented on AYA. Stifel Nicolaus raised their price target on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. BMO Capital Markets set a C$21.50 price target on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research note on Monday, July 22nd. Eight Capital raised their price target on shares of Aya Gold & Silver from C$22.00 to C$26.00 in a research note on Thursday, July 11th. Finally, National Bankshares dropped their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. Four investment analysts have rated the stock with a buy rating, According to MarketBeat, Aya Gold & Silver presently has an average rating of “Buy” and an average target price of C$21.64.

Aya Gold & Silver Price Performance

AYA opened at C$17.80 on Thursday. The firm has a market cap of C$2.32 billion, a price-to-earnings ratio of 197.78 and a beta of 1.40. Aya Gold & Silver has a fifty-two week low of C$7.10 and a fifty-two week high of C$19.56. The company’s 50-day moving average price is C$16.81 and its 200 day moving average price is C$15.21. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42.

Aya Gold & Silver (TSE:AYA) last announced its quarterly earnings results on Wednesday, August 14th. The company reported C$0.07 EPS for the quarter, beating the consensus estimate 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 for the quarter. As a group, sell-side analysts expect that Aya Gold & Silver will post 0.6384455 earnings per share for the current 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.