Aya Gold & Silver (TSE:AYA) Trading Up 5% – What’s Next?

Aya Gold & Silver Inc. (TSE:AYA)’s share price was up 5% during trading on Tuesday . The stock traded as high as C$13.17 and last traded at C$13.00. Approximately 179,648 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 752,686 shares. The stock had previously closed at C$12.38.

Wall Street Analyst Weigh In

Several analysts have commented on AYA shares. CIBC set a C$24.00 price target on Aya Gold & Silver and gave the company an “outperform” rating in a report on Friday, November 22nd. Desjardins cut their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. Stifel Nicolaus set a C$22.50 price objective on shares of Aya Gold & Silver and gave the stock a “buy” rating in a research report on Wednesday. Cormark decreased their price target on Aya Gold & Silver from C$14.00 to C$13.00 in a report on Thursday, January 30th. Finally, National Bankshares reduced their target price 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 report on Tuesday, February 11th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$20.97.

Aya Gold & Silver Trading Down 2.3 %

The company has a debt-to-equity ratio of 34.69, a current ratio of 2.06 and a quick ratio of 3.28. The firm’s fifty day moving average price is C$11.86 and its 200-day moving average price is C$13.83. The company has a market cap of C$1.23 billion, a price-to-earnings ratio of 157.01 and a beta of 1.40.

Insider Activity at Aya Gold & Silver

In related news, Senior Officer Alex Ball sold 20,000 shares of the stock in a transaction that occurred 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. Also, Director Benoit La Salle sold 64,244 shares of the company’s 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 sold 152,835 shares of company stock worth $1,761,507 in the last 90 days. Corporate insiders own 10.18% of the company’s stock.

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.