Cormark Issues Positive Forecast for Aya Gold & Silver (TSE:AYA) Stock Price

Key Points

• Cormark has raised the price target for Aya Gold & Silver (TSE:AYA) from C$12.50 to C$17.50, indicating a potential upside of 10.27% from the stock's previous close.
• Several other firms have also adjusted their price targets for Aya Gold & Silver, with Scotiabank setting it at C$18.50 and National Bankshares at C$19.00, both maintaining "outperform" ratings.
• Insider trading activity includes a purchase of 5,000 shares by Director John Feliks Burzynski at an average price of C$12.98, highlighting insider confidence in the stock.

Aya Gold & Silver (TSE:AYA - Get Free Report) had its price objective lifted by equities researchers at Cormark from C$12.50 to C$17.50 in a research note issued on Tuesday,BayStreet.CA reports. Cormark's price objective indicates a potential upside of 10.13% from the company's current price. Cormark also issued estimates for Aya Gold & Silver's FY2026 earnings at $0.14 EPS.

A number of other equities analysts have also recently commented on the stock. Citigroup reduced their price objective 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 report on Tuesday, June 24th. National Bankshares lifted their target price 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. 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. Finally, Desjardins set a C$20.00 price objective on shares of Aya Gold & Silver and gave the stock a "buy" rating in a research report on Thursday, June 19th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Aya Gold & Silver currently has an average rating of "Buy" and a consensus target price of C$20.29.

Aya Gold & Silver Stock Performance

TSE:AYA traded up C$0.50 during mid-day trading on Tuesday, hitting C$15.89. The stock had a trading volume of 5,827,383 shares, compared to its average volume of 1,004,228. Aya Gold & Silver has a twelve month low of C$8.52 and a twelve month 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 stock has a market cap of C$2.25 billion, a price-to-earnings ratio of -132.42 and a beta of 0.93. The company's 50 day simple moving average is C$13.49 and its 200 day simple moving average is C$12.24.

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.