Aya Gold & Silver (TSE:AYA) Stock Price Up 1.4% – Should You Buy?

Aya Gold & Silver Inc. (TSE:AYA) rose 1.4% during mid-day trading on Wednesday . The stock traded as high as C$27.24 and last traded at C$27.05. 984,247 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 1,603,100 shares. The stock had previously closed at C$26.67.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AYA. Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a report on Thursday, April 23rd. Desjardins set a C$37.00 price objective on Aya Gold & Silver and gave the stock a “buy” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$30.42.

Aya Gold & Silver Trading Up 1.9%

The company has a current ratio of 2.22, a quick ratio of 3.28 and a debt-to-equity ratio of 21.87. The company has a market cap of C$4.11 billion, a PE ratio of 47.80 and a beta of 3.07. The stock has a 50 day moving average price of C$26.42 and a 200 day moving average price of C$24.10.

Aya Gold & Silver (TSE:AYA) last issued its quarterly earnings results on Thursday, May 14th. The company reported C$0.46 earnings per share for the quarter. The company 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%. Sell-side 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 Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.