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

Key Points

• Aya Gold & Silver Inc. has received a consensus rating of "Buy" from nine brokerages, with an average target price of C$19.64.
• In June, several analysts revised their price targets, with Desjardins setting it at C$20.00 and Citigroup reducing theirs to C$22.00.
• Director John Feliks Burzynski purchased 5,000 shares at C$12.98 each, indicating insider confidence in the company's future prospects.

Aya Gold & Silver Inc. (TSE:AYA - Get Free Report) has been given a consensus rating of "Buy" by the nine brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$19.64.

Several research analysts have recently issued reports on AYA shares. 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 lifted their target price on Aya Gold & Silver from C$18.75 to C$19.00 and gave the stock an "outperform" rating in a research report on Tuesday, June 24th. Scotiabank lowered their price target on 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. Finally, Citigroup reduced their price objective on Aya Gold & Silver from C$23.00 to C$22.00 and set a "buy" rating for the company in a research report on Tuesday, June 24th.

Insider Buying and Selling

In other news, Director John Feliks Burzynski bought 5,000 shares of Aya Gold & Silver stock in a transaction that occurred on Thursday, June 19th. The stock was purchased at an average cost of C$12.98 per share, with a total value of C$64,900.00. 10.18% of the stock is currently owned by company insiders.

Aya Gold & Silver Trading Up 3.3%

Shares of AYA stock opened at C$15.39 on Thursday. The firm has a market capitalization of C$2.18 billion, a P/E ratio of -128.25 and a beta of 0.93. Aya Gold & Silver has a 1 year low of C$8.52 and a 1 year high of C$19.56. The firm's fifty day simple moving average is C$13.02 and its 200 day simple moving average is C$12.05. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69.

About Aya Gold & Silver

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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