Brokerages Set Aya Gold & Silver Inc. (TSE:AYA) Price Target at C$20.97

Shares of Aya Gold & Silver Inc. (TSE:AYA) have been given a consensus rating of “Buy” by the eight brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$20.97.

Several brokerages have recently issued reports on AYA. Desjardins reduced their target price on Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. Stifel Canada raised Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday. Stifel Nicolaus set a C$22.50 target price on Aya Gold & Silver and gave the stock a “buy” rating in a report on Wednesday. National Bankshares dropped their price target on 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. Finally, Cormark dropped their price target on Aya Gold & Silver from C$14.00 to C$13.00 in a research report on Thursday, January 30th.

Insider Transactions at Aya Gold & Silver

In other Aya Gold & Silver news, Senior Officer Alex Ball sold 20,000 shares of the stock in a transaction dated Monday, January 20th. The shares were sold at an average price of C$12.08, for a total value of C$241,600.00. Also, Director Benoit La Salle sold 64,244 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total transaction of C$724,145.52. Insiders have sold a total of 152,835 shares of company stock valued at $1,761,507 in the last ninety days. 10.18% of the stock is currently owned by corporate insiders.

Aya Gold & Silver Stock Performance

Shares of AYA opened at C$12.90 on Thursday. The stock has a market capitalization of C$1.19 billion, a PE ratio of 152.40 and a beta of 1.40. The company has a debt-to-equity ratio of 34.69, a current ratio of 2.06 and a quick ratio of 3.28. The business’s fifty day moving average price is C$11.91 and its 200 day moving average price is C$13.81. Aya Gold & Silver has a 12-month low of C$10.12 and a 12-month high of C$19.56.

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.