Aya Gold & Silver (TSE:AYA) Price Target Cut to C$23.00 by Analysts at National Bankshares

Aya Gold & Silver (TSE:AYA) had its target price lowered by stock analysts at National Bankshares from C$24.00 to C$23.00 in a report issued on Wednesday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective points to a potential upside of 23.46% from the stock’s current price.

AYA has been the topic of a number of other reports. Stifel Nicolaus lifted their price objective on Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday. Desjardins boosted their price objective on shares of Aya Gold & Silver from C$21.00 to C$26.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. BMO Capital Markets set a C$21.50 price target on Aya Gold & Silver and gave the company an “outperform” rating in a report on Monday, July 22nd. Finally, Eight Capital boosted their price objective on Aya Gold & Silver from C$22.00 to C$26.00 in a research report on Thursday, July 11th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$21.64.

Aya Gold & Silver Stock Up 0.7 %

AYA opened at C$18.63 on Wednesday. The firm has a market cap of C$2.43 billion, a P/E ratio of 207.00 and a beta of 1.40. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. The business has a 50 day moving average price of C$16.44 and a 200 day moving average price of C$14.94. Aya Gold & Silver has a twelve month low of C$6.73 and a twelve month high of C$19.56.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.01 by C$0.06. The business had revenue of C$18.72 million during the quarter. Aya Gold & Silver had a net margin of 22.31% and a return on equity of 3.70%. Research analysts forecast that Aya Gold & Silver will post 0.6384455 EPS for the current year.

Aya Gold & Silver Company Profile

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.