Aya Gold & Silver (TSE:AYA) Rating Increased to Moderate Buy at Desjardins

Desjardins upgraded shares of Aya Gold & Silver (TSE:AYA - Free Report) to a moderate buy rating in a research note released on Wednesday,Zacks.com reports.

A number of other analysts have also issued reports on AYA. Stifel Nicolaus lifted 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. Scotiabank set a C$19.00 price objective on shares of Aya Gold & Silver and gave the stock an "outperform" rating in a report on Wednesday, April 30th. National Bankshares dropped their target price on shares of Aya Gold & Silver from C$20.75 to C$19.75 and set an "outperform" rating for the company in a research report on Wednesday, April 2nd. Stifel Canada raised shares of Aya Gold & Silver to a "strong-buy" rating in a research report on Wednesday, March 19th. Finally, CIBC decreased their price target on Aya Gold & Silver from C$23.00 to C$22.00 and set an "outperform" rating for the company in a research note on Monday, March 31st. One research analyst has rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Aya Gold & Silver presently has an average rating of "Buy" and an average price target of C$20.53.

Aya Gold & Silver Stock Down 2.1%

Shares of TSE:AYA traded down C$0.27 during midday trading on Wednesday, hitting C$12.59. 2,088,975 shares of the company's stock traded hands, compared to its average volume of 974,012. The firm's fifty day moving average price is C$11.45 and its two-hundred day moving average price is C$11.59. The company has a market cap of C$1.16 billion, a PE ratio of 148.74 and a beta of 1.40. Aya Gold & Silver has a twelve month low of C$8.52 and a twelve month high of C$19.56. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06.

Insider Buying and Selling at Aya Gold & Silver

In related news, Director John Feliks Burzynski acquired 5,000 shares of the stock in a transaction that occurred on Friday, May 23rd. The shares were purchased at an average cost of C$11.42 per share, with a total value of C$57,100.00. Insiders have bought a total of 20,000 shares of company stock valued at $250,500 in the last three months. 10.18% of the stock is currently owned by company insiders.

About Aya Gold & Silver

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.