Aya Gold & Silver (TSE:AYA) Sets New 1-Year High on Analyst Upgrade

Shares of Aya Gold & Silver Inc. (TSE:AYA) reached a new 52-week high on Thursday after National Bankshares raised their price target on the stock from C$16.50 to C$18.25. National Bankshares currently has an outperform rating on the stock. Aya Gold & Silver traded as high as C$14.20 and last traded at C$14.14, with a volume of 326187 shares traded. The stock had previously closed at C$13.27.

Other research analysts have also recently issued research reports about the company. Cormark boosted their price objective on Aya Gold & Silver from C$12.50 to C$15.00 in a research report on Wednesday. Eight Capital boosted their price objective on Aya Gold & Silver from C$17.00 to C$22.00 in a research report on Tuesday. Raymond James boosted their price objective on Aya Gold & Silver from C$10.50 to C$13.25 in a research report on Friday, January 12th. Finally, Stifel Nicolaus boosted their price objective on Aya Gold & Silver from C$14.00 to C$15.70 in a research report on Friday.

Aya Gold & Silver Price Performance

The business has a 50-day moving average price of C$11.32 and a 200 day moving average price of C$9.87. The stock has a market cap of C$1.92 billion, a PE ratio of 493.33 and a beta of 1.36. The company has a current ratio of 1.72, a quick ratio of 3.28 and a debt-to-equity ratio of 26.11.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of precious metal properties in Morocco. The company primarily explores for gold, silver, zinc, lead, tungsten, molybdenum, uranium, and copper 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.