Aya Gold & Silver Inc. (TSE:AYA) Receives C$19.64 Average PT from Brokerages

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 received an average recommendation of "Buy" from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, six have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$20.29.

Several brokerages recently weighed in on AYA. Citigroup reduced their price target 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. Scotiabank lowered their price target on shares of Aya Gold & Silver from C$19.00 to C$18.50 and set an "outperform" rating on the stock in a report on Monday, June 23rd. Cormark raised their price target on shares of Aya Gold & Silver from C$12.50 to C$17.50 in a research report on Tuesday. 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 research report on Tuesday, June 24th. Finally, Desjardins set a C$20.00 target price on Aya Gold & Silver and gave the company a "buy" rating in a research report on Thursday, June 19th.

Aya Gold & Silver Stock Performance

AYA traded down C$0.71 during midday trading on Thursday, hitting C$15.78. 1,095,114 shares of the company were exchanged, compared to its average volume of 976,044. The firm has a market capitalization of C$2.24 billion, a price-to-earnings ratio of -131.50 and a beta of 0.93. The company's 50 day simple moving average is C$13.31 and its 200 day simple moving average is C$12.16. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. Aya Gold & Silver has a 1-year low of C$8.52 and a 1-year high of C$19.56.

Insider Buying and Selling

In other news, Director John Feliks Burzynski bought 5,000 shares of Aya Gold & Silver stock in a transaction on Thursday, June 19th. The stock was acquired at an average price of C$12.98 per share, with a total value of C$64,900.00. Company insiders own 10.18% of the company's stock.

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.