Aya Gold & Silver Inc. (TSE:AYA) Given Average Rating of "Buy" by Analysts

Key Points

• Analysts maintain a bullish outlook: All seven analysts covering Aya Gold & Silver rate it Buy or Strong Buy, with an average 12-month price target of C$41.93.
• Several firms recently raised their targets, including Desjardins to C$55, CIBC to C$48, BMO to C$46, and Raymond James to C$45.
• The shares traded at C$39.00, near their 52-week high of C$41.98, while the company reported quarterly EPS of C$0.33 on revenue of C$137.52 million.

Shares of Aya Gold & Silver Inc. (TSE:AYA - Get Free Report) have earned a consensus recommendation of "Buy" from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$41.93.

A number of equities analysts have recently weighed in on the company. National Bank Financial upped their price objective on Aya Gold & Silver from C$41.00 to C$43.00 and gave the stock an "outperform" rating in a research note on Thursday, August 20th. Desjardins boosted their price target on Aya Gold & Silver from C$38.00 to C$55.00 and gave the stock a "buy" rating in a report on Thursday, August 27th. Raymond James Financial upped their price target on Aya Gold & Silver from C$32.00 to C$45.00 and gave the stock an "outperform" rating in a research note on Thursday. Canadian Imperial Bank of Commerce increased their price objective on shares of Aya Gold & Silver from C$41.50 to C$48.00 and gave the company an "outperformer" rating in a report on Thursday. Finally, BMO Capital Markets lifted their price objective on shares of Aya Gold & Silver from C$41.00 to C$46.00 and gave the company an "outperform" rating in a research report on Thursday.

Aya Gold & Silver Price Performance

Shares of AYA traded down C$2.27 during trading hours on Thursday, reaching C$39.00. 791,283 shares of the stock traded hands, compared to its average volume of 1,466,001. The company has a market cap of C$5.62 billion, a P/E ratio of 50.63 and a beta of 3.30. The company has a current ratio of 2.02, a quick ratio of 3.28 and a debt-to-equity ratio of 17.63. The company's 50-day moving average price is C$33.21 and its two-hundred day moving average price is C$27.62. Aya Gold & Silver has a 52-week low of C$11.95 and a 52-week high of C$41.98.

Aya Gold & Silver (TSE:AYA - Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported C$0.33 earnings per share (EPS) for the quarter. The business had revenue of C$137.52 million during the quarter. Aya Gold & Silver had a return on equity of 25.26% and a net margin of 32.72%. On average, analysts anticipate that Aya Gold & Silver will post 0.6384455 earnings per share for the current year.

Aya Gold & Silver Company Profile

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault - one of Africa's most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.

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