Aya Gold & Silver (TSE:AYA) Given a C$22.50 Price Target at Stifel Nicolaus

Aya Gold & Silver (TSE:AYA) has been given a C$22.50 price objective by equities researchers at Stifel Nicolaus in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 68.29% from the stock’s previous close.

Several other equities analysts also recently commented on AYA. National Bankshares decreased their price target on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Desjardins reduced their price objective on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a research note on Thursday, February 13th. Cormark reduced their price objective on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. CIBC set a C$24.00 price objective on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Friday, November 22nd. Finally, Cibc World Mkts upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$20.97.

Aya Gold & Silver Stock Performance

Shares of AYA stock traded down C$0.23 on Wednesday, hitting C$13.37. The company’s stock had a trading volume of 566,319 shares, compared to its average volume of 776,056. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. The stock’s 50 day moving average is C$11.82 and its 200-day moving average is C$13.84. Aya Gold & Silver has a fifty-two week low of C$10.12 and a fifty-two week high of C$19.56. The company has a market capitalization of C$1.24 billion, a PE ratio of 157.95 and a beta of 1.40.

Insiders Place Their Bets

In other news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of Aya Gold & Silver stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total value of C$435,761.85. Also, Senior Officer Alex Ball sold 20,000 shares of Aya Gold & Silver stock in a transaction on Monday, January 20th. The shares were sold at an average price of C$12.08, for a total transaction of C$241,600.00. In the last 90 days, insiders sold 152,835 shares of company stock worth $1,761,507. 10.18% of the stock is currently owned by insiders.

Aya Gold & Silver Company Profile

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.