Aya Gold & Silver Inc. (TSE:AYA) Receives Average Recommendation of “Buy” from Brokerages

Shares of Aya Gold & Silver Inc. (TSE:AYA) have received a consensus rating of “Buy” from the seven analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, four have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is C$20.59.

A number of research firms have issued reports on AYA. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, April 3rd. National Bankshares lowered their price objective on shares of Aya Gold & Silver from C$20.75 to C$19.75 and set an “outperform” rating on the stock in a research note on Wednesday, April 2nd. Cormark reduced their price target on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a report on Thursday, January 30th. CIBC dropped their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a report on Monday, March 31st. Finally, Stifel Canada upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, March 19th.

Insider Activity

In other news, Senior Officer Alex Ball sold 20,000 shares of the stock in a transaction that occurred 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. 10.18% of the stock is owned by company insiders.

Aya Gold & Silver Stock Down 3.8 %

AYA stock opened at C$11.15 on Monday. The stock has a market capitalization of C$1.03 billion, a price-to-earnings ratio of 131.73 and a beta of 1.40. The company has a 50-day moving average of C$11.56 and a two-hundred day moving average of C$13.11. Aya Gold & Silver has a 52-week low of C$8.53 and a 52-week high of C$19.56. The company has a debt-to-equity ratio of 34.69, a current ratio of 2.06 and a quick ratio of 3.28.

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.