CIBC Reiterates “C$24.00” Price Target for Aya Gold & Silver (TSE:AYA)

CIBC set a C$24.00 target price on Aya Gold & Silver (TSE:AYA) in a research report sent to investors on Friday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other analysts have also weighed in on AYA. Cormark lowered shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and lowered their target price for the company from C$20.00 to C$14.00 in a research note on Friday, November 15th. Stifel Nicolaus upped their price target on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research report on Monday, October 21st. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. Finally, National Bankshares reduced their price objective on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$21.81.

Aya Gold & Silver Stock Up 5.1 %

AYA stock opened at C$13.41 on Friday. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28. Aya Gold & Silver has a 1-year low of C$8.57 and a 1-year high of C$19.56. The firm has a fifty day moving average price of C$16.91 and a two-hundred day moving average price of C$15.34. The firm has a market cap of C$1.75 billion, a price-to-earnings ratio of 149.00 and a beta of 1.40.

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.