Brokerages Set Aya Gold & Silver Inc. (TSE:AYA) Price Target at C$20.91

Aya Gold & Silver Inc. (TSE:AYA) has received a consensus recommendation of “Buy” from the eight ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, five have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$20.91.

A number of brokerages recently weighed in on AYA. CIBC dropped their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating for the company in a report on Monday, March 31st. Stifel Canada upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, March 19th. Cormark dropped their price objective on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a report on Thursday, January 30th. Stifel Nicolaus lifted their price objective on shares of Aya Gold & Silver from C$22.50 to C$23.00 in a report on Monday, April 21st. Finally, Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, April 3rd.

Aya Gold & Silver Stock Performance

Shares of AYA stock opened at C$10.00 on Friday. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. The stock has a market capitalization of C$924.71 million, a P/E ratio of 118.14 and a beta of 1.40. The company has a 50 day moving average price of C$10.89 and a 200 day moving average price of C$12.14. Aya Gold & Silver has a fifty-two week low of C$8.52 and a fifty-two week 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.