Aya Gold & Silver Inc. (TSE:AYA) Receives Consensus Rating of "Buy" from Analysts

Key Points

• Aya Gold & Silver Inc. has received an average analyst recommendation of "Buy" from nine analysts, with an average target price of C$19.64.
• Recent price targets for Aya Gold & Silver from various analysts have ranged from C$18.50 to C$23.00, with several maintaining a buy or outperform rating.
• Insider activity includes the purchase of 20,000 shares over the last quarter, with insiders collectively owning 10.18% of the company’s stock.

Shares of Aya Gold & Silver Inc. (TSE:AYA - Get Free Report) have earned an average recommendation of "Buy" from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$19.64.

A number of equities analysts have commented on the stock. Scotiabank cut their price target on shares of Aya Gold & Silver from C$19.00 to C$18.50 and set an "outperform" rating for the company in a research note on Monday, June 23rd. Desjardins set a C$20.00 price objective on shares of Aya Gold & Silver and gave the stock a "buy" rating in a report on Thursday, June 19th. National Bankshares upped their price objective on shares of Aya Gold & Silver from C$18.75 to C$19.00 and gave the stock an "outperform" rating in a report on Tuesday, June 24th. Stifel Nicolaus increased their price target on shares of Aya Gold & Silver from C$22.50 to C$23.00 in a research note on Monday, April 21st. Finally, Citigroup decreased their price target on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set a "buy" rating for the company in a research note on Tuesday, June 24th.

Aya Gold & Silver Price Performance

Shares of AYA opened at C$12.30 on Friday. The firm has a 50-day simple moving average of C$12.81 and a 200-day simple moving average of C$11.86. Aya Gold & Silver has a fifty-two week low of C$8.52 and a fifty-two week high of C$19.56. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. The company has a market capitalization of C$1.14 billion, a price-to-earnings ratio of 145.31 and a beta of 1.40.

Insider Activity

In other Aya Gold & Silver news, Director John Feliks Burzynski purchased 5,000 shares of Aya Gold & Silver stock in a transaction that occurred on Thursday, June 19th. The shares were bought at an average price of C$12.98 per share, for a total transaction of C$64,900.00. Insiders have purchased a total of 20,000 shares of company stock worth $250,500 in the last quarter. Company 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.

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