Stifel Nicolaus Cuts Aya Gold & Silver (TSE:AYA) Price Target to C$22.25

Aya Gold & Silver (TSE:AYA) had its price objective lowered by Stifel Nicolaus from C$23.00 to C$22.25 in a report published on Monday morning,BayStreet.CA reports.

Other analysts have also recently issued reports about the company. CIBC set a C$24.00 price objective on Aya Gold & Silver and gave the company an “outperform” rating in a research note on Friday, November 22nd. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. Cormark downgraded Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and lowered their price objective for the stock from C$20.00 to C$14.00 in a research report on Friday, November 15th. Finally, National Bankshares decreased their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Aya Gold & Silver has a consensus rating of “Buy” and a consensus target price of C$21.72.

Aya Gold & Silver Price Performance

Shares of AYA opened at C$13.58 on Monday. The company has a market cap of C$1.77 billion, a P/E ratio of 150.89 and a beta of 1.40. Aya Gold & Silver has a fifty-two week low of C$9.30 and a fifty-two week high of C$19.56. 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’s 50 day moving average price is C$16.80 and its 200 day moving average price is C$15.32.

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.