Aya Gold & Silver (TSE:AYA) Price Target Cut to C$21.25 by Analysts at National Bankshares

Aya Gold & Silver (TSE:AYA) had its target price reduced by research analysts at National Bankshares from C$21.75 to C$21.25 in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 77.82% from the stock’s current price.

A number of other equities analysts have also weighed in on AYA. Cibc World Mkts raised Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. CIBC set a C$24.00 target price on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research note on Friday, November 22nd. Cormark downgraded shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and reduced their price target for the company from C$20.00 to C$14.00 in a report on Friday, November 15th. Finally, Stifel Nicolaus dropped their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Aya Gold & Silver currently has a consensus rating of “Buy” and an average target price of C$21.50.

Aya Gold & Silver Stock Up 2.8 %

AYA opened at C$11.95 on Thursday. The stock has a market cap of C$1.56 billion, a price-to-earnings ratio of 132.78 and a beta of 1.40. 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 firm’s fifty day moving average is C$12.91 and its 200 day moving average is C$14.77. Aya Gold & Silver has a fifty-two week low of C$9.40 and a fifty-two week high of C$19.56.

Insider Transactions at Aya Gold & Silver

In other Aya Gold & Silver news, Director Benoit La Salle sold 64,244 shares of Aya Gold & Silver stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total transaction of C$724,145.52. Also, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the stock in a transaction 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. Insiders own 10.18% of the company’s stock.

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.