Aya Gold & Silver (TSE:AYA) Hits New 12-Month High – What’s Next?

Aya Gold & Silver Inc. (TSE:AYA) hit a new 52-week high during trading on Monday . The company traded as high as C$38.40 and last traded at C$38.25, with a volume of 353951 shares trading hands. The stock had previously closed at C$37.88.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Desjardins set a C$38.00 price objective on Aya Gold & Silver and gave the stock a “buy” rating in a report on Monday, July 27th. Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$30.58.

Aya Gold & Silver Stock Performance

The company has a quick ratio of 3.28, a current ratio of 2.22 and a debt-to-equity ratio of 21.87. The company has a market capitalization of C$5.55 billion, a PE ratio of 64.57 and a beta of 3.09. The company has a 50-day moving average price of C$28.19 and a two-hundred day moving average price of C$25.49.

Aya Gold & Silver (TSE:AYA) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$0.46 earnings per share (EPS) for the quarter. The business had revenue of C$163.04 million for the quarter. Aya Gold & Silver had a return on equity of 20.80% and a net margin of 30.38%. Analysts predict that Aya Gold & Silver Inc. will post 0.6384455 EPS for the current fiscal year.

Aya Gold & Silver Company Profile

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault – one of Africa’s most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.