Desjardins Upgrades Aya Gold & Silver (TSE:AYA) to Moderate Buy

Desjardins upgraded shares of Aya Gold & Silver (TSE:AYA) to a moderate buy rating in a report published on Thursday, Zacks.com reports.

Several other equities analysts also recently commented on the stock. 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 on the stock in a research note on Wednesday, October 23rd. Stifel Nicolaus upped their price objective on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research report on Monday, October 21st. Eight Capital upped their price objective on shares of Aya Gold & Silver from C$22.00 to C$26.00 in a research report on Thursday, July 11th. Finally, BMO Capital Markets set a C$21.50 price objective on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research report on Monday, July 22nd. Four investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$21.64.

Aya Gold & Silver Trading Down 0.5 %

AYA stock opened at C$17.80 on Thursday. 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 company’s 50-day simple moving average is C$16.81 and its 200 day simple moving average is C$15.21. Aya Gold & Silver has a 52 week low of C$7.10 and a 52 week high of C$19.56. The company has a market capitalization of C$2.32 billion, a PE ratio of 197.78 and a beta of 1.40.

Aya Gold & Silver (TSE:AYA) last released its quarterly earnings results on Wednesday, August 14th. The company reported C$0.07 EPS for the quarter, beating the consensus estimate of C$0.01 by C$0.06. Aya Gold & Silver had a net margin of 22.31% and a return on equity of 3.70%. The business had revenue of C$18.72 million for the quarter. As a group, sell-side analysts anticipate that Aya Gold & Silver will post 0.6384455 earnings per share 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.