Aya Gold & Silver (TSE:AYA) Reaches New 1-Year High on Analyst Upgrade

Aya Gold & Silver Inc. (TSE:AYA - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday after Cormark raised their price target on the stock from C$12.50 to C$15.00. The company traded as high as C$14.20 and last traded at C$14.14, with a volume of 326187 shares changing hands. The stock had previously closed at C$13.27.

Several other brokerages also recently issued reports on AYA. Stifel Nicolaus lowered their price objective on shares of Aya Gold & Silver from C$16.00 to C$14.00 in a research note on Monday, April 1st. Raymond James boosted their price objective on shares of Aya Gold & Silver from C$10.50 to C$13.25 in a report on Friday, January 12th. Eight Capital increased their target price on shares of Aya Gold & Silver from C$17.00 to C$22.00 in a research note on Tuesday. Finally, National Bankshares lifted their target price on Aya Gold & Silver from C$14.00 to C$14.50 and gave the stock an "outperform" rating in a research report on Tuesday, February 6th.

Aya Gold & Silver Stock Up 6.1 %

The company has a current ratio of 1.72, a quick ratio of 3.28 and a debt-to-equity ratio of 26.11. The business's fifty day moving average price is C$11.14 and its 200 day moving average price is C$9.79. The company has a market capitalization of C$1.83 billion, a P/E ratio of 469.33 and a beta of 1.36.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of precious metal properties in Morocco. The company primarily explores for gold, silver, zinc, lead, tungsten, molybdenum, uranium, and copper 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.