Aya Gold & Silver Inc. (TSE:AYA) Given Consensus Rating of “Buy” by Analysts

Aya Gold & Silver Inc. (TSE:AYA) has received a consensus rating of “Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$20.97.

A number of research firms have recently weighed in on AYA. Stifel Nicolaus set a C$22.50 target price on shares of Aya Gold & Silver and gave the company a “buy” rating in a research report on Wednesday. CIBC set a C$24.00 target price on Aya Gold & Silver and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Desjardins dropped their price target on Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a research report on Thursday, February 13th. National Bankshares decreased their price objective on Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating for the company in a report on Tuesday, February 11th. Finally, 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.

Aya Gold & Silver Trading Down 2.3 %

TSE AYA opened at C$13.29 on Thursday. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. The business has a fifty day simple moving average of C$11.86 and a 200 day simple moving average of C$13.83. Aya Gold & Silver has a 12 month low of C$10.12 and a 12 month high of C$19.56. The firm has a market capitalization of C$1.23 billion, a P/E ratio of 157.01 and a beta of 1.40.

Insiders Place Their Bets

In related news, Senior Officer Alex Ball sold 20,000 shares of the firm’s stock in a transaction on Monday, January 20th. The stock was sold at an average price of C$12.08, for a total value of C$241,600.00. Also, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of Aya Gold & Silver stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total transaction of C$435,761.85. Over the last 90 days, insiders sold 152,835 shares of company stock worth $1,761,507. 10.18% of the stock is owned by corporate insiders.

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.