Aya Gold & Silver Inc. (TSE:AYA - Get Free Report)'s stock price dropped 8.1% on Wednesday . The stock traded as low as C$13.22 and last traded at C$13.34. Approximately 1,534,525 shares were traded during trading, an increase of 61% from the average daily volume of 950,784 shares. The stock had previously closed at C$14.52.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on AYA. National Bankshares lowered their target price on Aya Gold & Silver from C$20.75 to C$19.75 and set an "outperform" rating on the stock in a research note on Wednesday, April 2nd. Desjardins raised shares of Aya Gold & Silver to a "moderate buy" rating in a research report on Thursday, April 3rd. 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 report on Monday, March 31st. Stifel Nicolaus raised 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. Finally, Stifel Canada upgraded Aya Gold & Silver to a "strong-buy" rating in a research note on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Aya Gold & Silver has an average rating of "Buy" and a consensus price target of C$20.91.
Read Our Latest Stock Report on AYA
Aya Gold & Silver Trading Down 0.2%
The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. The company has a market capitalization of C$1.22 billion, a PE ratio of 155.47 and a beta of 1.40. The stock's fifty day moving average price is C$11.03 and its two-hundred day moving average price is C$11.61.
Insiders Place Their Bets
In related news, Director John Feliks Burzynski bought 5,000 shares of the business's stock in a transaction dated Friday, June 6th. The shares were purchased at an average cost of C$13.93 per share, with a total value of C$69,650.00. In the last quarter, insiders have bought 15,000 shares of company stock worth $185,600. Company insiders own 10.18% of the company's stock.
About Aya Gold & Silver
(
Get Free Report)
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.
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