Aya Gold & Silver (TSE:AYA) PT Set at C$22.50 by Stifel Nicolaus

Aya Gold & Silver (TSE:AYA) has been given a C$22.50 price target by research analysts at Stifel Nicolaus in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 69.68% from the company’s previous close.

Several other research analysts have also recently commented on the stock. National Bankshares decreased their target price on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. CIBC set a C$24.00 target price on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Cibc World Mkts upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Friday, November 22nd. Cormark decreased their price objective on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a report on Thursday, January 30th. Finally, Desjardins decreased their price objective on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating for the company in a report on Thursday, February 13th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$20.97.

Aya Gold & Silver Price Performance

TSE AYA opened at C$13.26 on Wednesday. Aya Gold & Silver has a 52 week low of C$10.12 and a 52 week high of C$19.56. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. The stock has a market cap of C$1.23 billion, a price-to-earnings ratio of 156.66 and a beta of 1.40. The company has a 50-day moving average price of C$11.90 and a two-hundred day moving average price of C$13.82.

Insider Buying and Selling

In related news, Director Benoit La Salle sold 64,244 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total value of C$724,145.52. Also, Senior Officer Alex Ball sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of C$12.00, for a total transaction of C$360,000.00. Over the last ninety days, insiders sold 152,835 shares of company stock worth $1,761,507. Corporate insiders own 10.18% of the company’s stock.

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.