Aya Gold & Silver (TSE:AYA) Price Target Lowered to C$23.00 at Desjardins

Aya Gold & Silver (TSE:AYA) had its price objective cut by Desjardins from C$24.00 to C$23.00 in a research note issued to investors on Thursday,BayStreet.CA reports. They currently have a buy rating on the stock.

Several other research analysts also recently commented on AYA. CIBC set a C$24.00 target price on Aya Gold & Silver and gave the stock an “outperform” rating in a report on Friday, November 22nd. Stifel Nicolaus reduced their price objective on Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. Cibc World Mkts raised Aya Gold & Silver to a “strong-buy” rating in a report on Friday, November 22nd. National Bankshares reduced their price objective on Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating on the stock in a report on Tuesday. Finally, Cormark reduced their price objective on Aya Gold & Silver from C$14.00 to C$13.00 in a report on Thursday, January 30th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$20.94.

Aya Gold & Silver Stock Down 0.6 %

Shares of AYA opened at C$12.09 on Thursday. The company has a market capitalization of C$1.12 billion, a P/E ratio of 142.83 and a beta of 1.40. The company has a debt-to-equity ratio of 34.69, a current ratio of 2.06 and a quick ratio of 3.28. Aya Gold & Silver has a one year low of C$9.43 and a one year high of C$19.56. The business’s 50 day simple moving average is C$11.71 and its 200-day simple moving average is C$14.31.

Insider Activity

In other news, Senior Officer Alex Ball sold 20,000 shares of the stock in a transaction on Monday, January 20th. The stock was sold at an average price of C$12.08, for a total value of C$241,600.00. Also, Director Benoit La Salle sold 64,244 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total value of C$724,145.52. Insiders have sold a total of 152,835 shares of company stock valued at $1,761,507 in the last 90 days. 10.18% of the stock is 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.