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

Aya Gold & Silver (TSE:AYA - Free Report) had its price target raised by National Bankshares from C$18.75 to C$19.00 in a research report report published on Tuesday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

AYA has been the subject of a number of other research reports. Stifel Canada raised shares of Aya Gold & Silver to a "strong-buy" rating in a research note on Wednesday, March 19th. Stifel Nicolaus boosted their target price on Aya Gold & Silver from C$22.50 to C$23.00 in a research note on Monday, April 21st. Desjardins set a C$20.00 price objective on Aya Gold & Silver and gave the stock a "buy" rating in a report on Thursday, June 19th. CIBC reduced their target price on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set an "outperform" rating for the company in a research note on Monday, March 31st. Finally, Scotiabank decreased their target price 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 report on Monday. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Aya Gold & Silver currently has a consensus rating of "Buy" and an average price target of C$20.56.

Aya Gold & Silver Stock Down 5.1%

TSE:AYA traded down C$0.64 during trading hours on Tuesday, hitting C$11.91. 824,337 shares of the stock traded hands, compared to its average volume of 970,869. The firm has a market cap of C$1.10 billion, a price-to-earnings ratio of 140.71 and a beta of 1.40. The firm has a 50 day moving average price of C$11.54 and a 200 day moving average price of C$11.57. 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 fifty-two week low of C$8.52 and a fifty-two week high of C$19.56.

Insider Transactions at Aya Gold & Silver

In other news, Director John Feliks Burzynski bought 5,000 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average cost of C$11.42 per share, for a total transaction of C$57,100.00. Insiders acquired a total of 20,000 shares of company stock worth $250,500 over the last three months. 10.18% of the stock is currently owned by insiders.

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.