Aya Gold & Silver Inc. (TSE:AYA) Stock Has Average Target Price of C$48.83

Key Points

• Analysts are broadly bullish: All seven covering firms rate Aya Gold & Silver a “Buy” or “Strong Buy,” with an average 12-month price target of C$48.83.
• Several brokerages recently raised their targets, including Stifel Nicolaus to C$56, Desjardins to C$55, and CIBC to C$48.
• Aya reported C$0.33 in quarterly EPS and C$137.52 million in revenue, while its shares opened at C$38.68 and have traded between C$13.12 and C$43.12 over the past year.

Shares of Aya Gold & Silver Inc. (TSE:AYA - Get Free Report) have been assigned an average recommendation of "Buy" from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Six research 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 target among brokers that have covered the stock in the last year is C$48.83.

AYA has been the subject of a number of recent research reports. Stifel Nicolaus upped their target price on Aya Gold & Silver from C$39.00 to C$56.00 and gave the stock a "buy" rating in a report on Friday, September 11th. Canadian Imperial Bank of Commerce lifted their price target on Aya Gold & Silver from C$41.50 to C$48.00 and gave the company an "outperformer" rating in a research note on Thursday, September 10th. BMO Capital Markets boosted their price target on Aya Gold & Silver from C$41.00 to C$46.00 and gave the stock an "outperform" rating in a report on Thursday, September 10th. Raymond James Financial upped their price objective on Aya Gold & Silver from C$32.00 to C$45.00 and gave the company an "outperform" rating in a research note on Thursday, September 10th. Finally, Desjardins raised their price objective on shares of Aya Gold & Silver from C$38.00 to C$55.00 and gave the company a "buy" rating in a report on Thursday, August 27th.

Aya Gold & Silver Stock Performance

Shares of Aya Gold & Silver stock opened at C$38.68 on Monday. The company's 50 day moving average price is C$37.10 and its two-hundred day moving average price is C$29.26. The firm has a market capitalization of C$5.57 billion, a P/E ratio of 50.22 and a beta of 3.30. Aya Gold & Silver has a fifty-two week low of C$13.12 and a fifty-two week high of C$43.12. The company has a debt-to-equity ratio of 17.63, a current ratio of 2.02 and a quick ratio of 3.28.

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