National Bankshares Boosts Aya Gold & Silver (TSE:AYA) Price Target to C$19.00

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

A number of other brokerages have also recently weighed in on AYA. 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. Scotiabank cut their price objective 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. Stifel Canada upgraded shares of Aya Gold & Silver to a "strong-buy" rating in a research report on Wednesday, March 19th. CIBC cut their price objective 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 report on Monday, March 31st. 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. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of C$20.56.

Aya Gold & Silver Stock Performance

TSE:AYA traded down C$0.45 during trading hours on Tuesday, reaching C$12.10. 1,092,277 shares of the company's stock were exchanged, compared to its average volume of 974,780. The firm has a market capitalization of C$1.12 billion, a price-to-earnings ratio of 142.95 and a beta of 1.40. The company has a 50-day moving average of C$11.51 and a 200 day moving average of C$11.58. The company has a quick ratio of 3.28, a current ratio of 2.06 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 Activity

In related news, Director John Feliks Burzynski purchased 5,000 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was acquired at an average price of C$11.42 per share, for a total transaction of C$57,100.00. Insiders purchased 20,000 shares of company stock worth $250,500 in the last 90 days. 10.18% of the stock is currently owned by corporate insiders.

About Aya Gold & Silver

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.