Aya Gold & Silver (OTC:AYASF) Trading Down 2.6% – Time to Sell?

Shares of Aya Gold & Silver Inc. (OTC:AYASF) dropped 2.6% during mid-day trading on Thursday . The stock traded as low as $16.7165 and last traded at $16.98. Approximately 315,084 shares changed hands during mid-day trading, a decline of 1% from the average daily volume of 318,021 shares. The stock had previously closed at $17.44.

Analyst Ratings Changes

A number of brokerages have weighed in on AYASF. BMO Capital Markets reaffirmed an “outperform” rating on shares of Aya Gold & Silver in a research report on Wednesday, January 14th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Aya Gold & Silver in a report on Wednesday, February 4th. Scotiabank reaffirmed an “outperform” rating on shares of Aya Gold & Silver in a research report on Monday, January 26th. Finally, Raymond James Financial reissued an “outperform” rating on shares of Aya Gold & Silver in a research report on Wednesday, January 14th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Aya Gold & Silver Price Performance

The firm has a 50-day moving average price of $17.60 and a two-hundred day moving average price of $13.86.

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. The company was incorporated in 2007 and is based in Montreal, Canada.