Aya Gold & Silver Inc. (TSE:AYA) Given Consensus Rating of "Buy" by Brokerages

Key Points

• Aya Gold & Silver Inc. has a consensus recommendation of "Buy" from nine analysts, with two issuing a strong buy rating and one a hold rating.
• The average 12-month price target for the stock is C$20.43, although recent analyst updates show varied target projections ranging from C$17.50 to C$22.00.
• Aya Gold & Silver's shares are trading at C$16.83, showing a 1.0% increase, and the company has a market capitalization of C$2.39 billion.

Aya Gold & Silver Inc. (TSE:AYA - Get Free Report) has earned a consensus recommendation of "Buy" from the nine analysts that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$20.43.

A number of analysts recently weighed in on AYA shares. Citigroup lowered their target price on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set a "buy" rating on the stock in a research note on Tuesday, June 24th. Desjardins set a C$20.00 target price on shares of Aya Gold & Silver and gave the company a "buy" rating in a research note on Thursday, June 19th. Cormark upped their target price on shares of Aya Gold & Silver from C$12.50 to C$17.50 in a research note on Tuesday, September 16th. National Bankshares upped their target price on shares of Aya Gold & Silver from C$18.75 to C$19.00 and gave the company an "outperform" rating in a research note on Tuesday, June 24th. Finally, Scotiabank lowered their target price on shares of Aya Gold & Silver from C$19.00 to C$18.50 and set an "outperform" rating on the stock in a research note on Monday, June 23rd.

Aya Gold & Silver Stock Up 1.0%

Shares of AYA opened at C$16.83 on Monday. The company has a 50-day simple moving average of C$13.95 and a 200-day simple moving average of C$12.50. The firm has a market capitalization of C$2.39 billion, a P/E ratio of -140.25 and a beta of 1.14. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. Aya Gold & Silver has a 52 week low of C$8.52 and a 52 week high of C$19.56.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.

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