Aya Gold & Silver (TSE:AYA) Upgraded to "Strong-Buy" at Scotiabank

Key Points

• Scotiabank upgraded Aya Gold & Silver to a Strong-Buy, while MarketBeat shows a consensus analyst rating of "Buy" with a consensus target price of C$27.88 and individual price targets ranging roughly C$25–C$39.
• The stock opened at C$23.48 (52‑week range C$8.52–C$30.15) with a market cap of C$3.36 billion, and the company recently reported C$0.16 EPS on C$100.86 million in revenue for the quarter, with a net margin of 22.54%.

Aya Gold & Silver (TSE:AYA - Get Free Report) was upgraded by equities researchers at Scotiabank to a "strong-buy" rating in a research report issued on Thursday,Zacks.com reports.

Other research analysts also recently issued reports about the stock. Desjardins set a C$37.00 price objective on shares of Aya Gold & Silver and gave the company a "buy" rating in a research report on Thursday. Canadian Imperial Bank of Commerce increased their target price on shares of Aya Gold & Silver from C$30.00 to C$35.00 in a research report on Wednesday, February 4th. National Bank Financial decreased their target price on shares of Aya Gold & Silver from C$29.00 to C$25.00 and set an "outperform" rating for the company in a research note on Wednesday, February 25th. BMO Capital Markets lowered their price target on shares of Aya Gold & Silver from C$33.00 to C$29.00 in a report on Wednesday, January 14th. Finally, Stifel Nicolaus upped their price target on shares of Aya Gold & Silver from C$31.50 to C$39.00 in a research note on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$27.88.

Aya Gold & Silver Trading Down 0.5%

Shares of TSE AYA opened at C$23.48 on Thursday. The company has a current ratio of 1.94, a quick ratio of 3.28 and a debt-to-equity ratio of 27.45. Aya Gold & Silver has a one year low of C$8.52 and a one year high of C$30.15. The business has a 50-day moving average price of C$23.05 and a two-hundred day moving average price of C$20.47. The firm has a market capitalization of C$3.36 billion, a PE ratio of 73.38 and a beta of 2.79.

Aya Gold & Silver (TSE:AYA - Get Free Report) last issued its earnings results on Tuesday, March 31st. The company reported C$0.16 earnings per share for the quarter. The company had revenue of C$100.86 million for the quarter. Aya Gold & Silver had a return on equity of 12.50% and a net margin of 22.54%. As a group, analysts predict that Aya Gold & Silver will post 0.6384455 earnings per share for the current fiscal year.

Aya Gold & Silver Company Profile

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.

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