Aya Gold & Silver (TSE:AYA) Given a C$20.00 Price Target at Desjardins

Desjardins set a C$20.00 target price on Aya Gold & Silver (TSE:AYA - Free Report) in a research report report published on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other research firms have also issued reports on AYA. National Bankshares cut their price target on shares of Aya Gold & Silver from C$20.75 to C$19.75 and set an "outperform" rating on the stock in a report on Wednesday, April 2nd. CIBC reduced their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set an "outperform" rating on the stock in a report on Monday, March 31st. Stifel Nicolaus raised their price objective on shares of Aya Gold & Silver from C$22.50 to C$23.00 in a research report on Monday, April 21st. Stifel Canada raised shares of Aya Gold & Silver to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, Scotiabank set a C$19.00 price target on shares of Aya Gold & Silver and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Aya Gold & Silver currently has a consensus rating of "Buy" and an average target price of C$20.53.

Aya Gold & Silver Price Performance

AYA stock traded down C$0.27 during trading on Thursday, reaching C$12.59. The company's stock had a trading volume of 2,088,975 shares, compared to its average volume of 974,012. The company has a market capitalization of C$1.16 billion, a P/E ratio of 148.74 and a beta of 1.40. The company's fifty day moving average is C$11.45 and its 200-day moving average is C$11.57. 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 at Aya Gold & Silver

In other news, Director John Feliks Burzynski bought 5,000 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average price of C$11.42 per share, with a total value of C$57,100.00. In the last 90 days, insiders have purchased 20,000 shares of company stock worth $250,500. Insiders own 10.18% of the company's stock.

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.