Analysts Set Aya Gold & Silver Inc. (TSE:AYA) Target Price at C$20.91

Shares of Aya Gold & Silver Inc. (TSE:AYA - Get Free Report) have received a consensus rating of "Buy" from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$20.91.

AYA has been the topic of several research reports. Stifel Canada raised Aya Gold & Silver to a "strong-buy" rating in a report on Wednesday, March 19th. Scotiabank set a C$19.00 target price on Aya Gold & Silver and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. CIBC reduced their target price on Aya Gold & Silver from C$23.00 to C$22.00 and set an "outperform" rating for the company in a report on Monday, March 31st. Stifel Nicolaus lifted their price target on Aya Gold & Silver from C$22.50 to C$23.00 in a research note on Monday, April 21st. Finally, Desjardins upgraded Aya Gold & Silver to a "moderate buy" rating in a report on Thursday, April 3rd.

Insider Buying and Selling

In other news, Director John Feliks Burzynski acquired 5,000 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was acquired at an average cost of C$11.77 per share, for a total transaction of C$58,850.00. 10.18% of the stock is currently owned by corporate insiders.

Aya Gold & Silver Price Performance

TSE:AYA traded up C$0.53 during mid-day trading on Tuesday, reaching C$13.64. 1,105,065 shares of the stock were exchanged, compared to its average volume of 913,429. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. The business has a fifty day moving average price of C$10.58 and a 200 day moving average price of C$11.56. Aya Gold & Silver has a 1-year low of C$8.52 and a 1-year high of C$19.56. The firm has a market capitalization of C$1.26 billion, a PE ratio of 161.14 and a beta of 1.40.

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.