Raymond James Increases Aya Gold & Silver (TSE:AYA) Price Target to C$17.00

Aya Gold & Silver (TSE:AYA) had its price target raised by equities researchers at Raymond James from C$13.25 to C$17.00 in a report issued on Tuesday, BayStreet.CA reports. Raymond James’ price target would suggest a potential upside of 23.55% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. Eight Capital boosted their price target on shares of Aya Gold & Silver from C$17.00 to C$22.00 in a report on Tuesday, April 16th. Cormark boosted their target price on shares of Aya Gold & Silver from C$12.50 to C$15.00 in a research note on Wednesday, April 17th. National Bankshares upped their target price on shares of Aya Gold & Silver from C$16.50 to C$18.25 and gave the stock an “outperform” rating in a research report on Friday, April 19th. Finally, Stifel Nicolaus lifted their price target on Aya Gold & Silver from C$14.00 to C$15.70 in a report on Friday, April 19th.

Aya Gold & Silver Trading Down 0.5 %

Shares of TSE AYA opened at C$13.76 on Tuesday. The company has a quick ratio of 3.28, a current ratio of 1.72 and a debt-to-equity ratio of 26.11. Aya Gold & Silver has a 52-week low of C$6.58 and a 52-week high of C$14.81. The stock’s 50 day moving average price is C$11.56 and its two-hundred day moving average price is C$10.04. The stock has a market capitalization of C$1.79 billion, a P/E ratio of 458.67 and a beta of 1.36.

Aya Gold & Silver (TSE:AYA) last released its quarterly earnings data on Thursday, March 28th. The company reported C$0.04 earnings per share for the quarter, topping the consensus estimate of C($0.01) by C$0.05. Aya Gold & Silver had a net margin of 12.85% and a return on equity of 3.00%. The firm had revenue of C$15.07 million for the quarter. On average, analysts anticipate that Aya Gold & Silver will post 0.013981 earnings per share for the current fiscal year.

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.