Aya Gold & Silver Inc. (TSE:AYA) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Aya Gold & Silver Inc. (TSE:AYA) have earned a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$21.50.

A number of analysts have recently issued reports on AYA shares. Stifel Nicolaus boosted their price objective on Aya Gold & Silver from C$18.50 to C$23.00 in a research report on Monday, October 21st. Cormark downgraded shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and reduced their price objective for the stock from C$20.00 to C$14.00 in a report on Friday, November 15th. National Bankshares lowered their target price on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. Finally, Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st.

Aya Gold & Silver Trading Down 3.8 %

Shares of AYA opened at C$12.76 on Friday. The stock’s 50-day moving average price is C$16.97 and its 200 day moving average price is C$15.34. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42. The firm has a market capitalization of C$1.66 billion, a price-to-earnings ratio of 141.78 and a beta of 1.40. Aya Gold & Silver has a 12-month low of C$8.57 and a 12-month high of C$19.56.

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.