Aya Gold & Silver (TSE:AYA) PT Raised to C$23.00 at Stifel Nicolaus

Aya Gold & Silver (TSE:AYA) had its price target upped by research analysts at Stifel Nicolaus from C$18.50 to C$23.00 in a note issued to investors on Monday, BayStreet.CA reports. Stifel Nicolaus’ target price indicates a potential upside of 21.12% from the company’s current price.

Several other research firms have also issued reports on AYA. Desjardins upped their target price on shares of Aya Gold & Silver from C$21.00 to C$26.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. National Bankshares reduced their price target on shares of Aya Gold & Silver from C$22.00 to C$21.75 and set an “outperform” rating for the company in a research report on Wednesday, July 17th. Eight Capital increased their price target 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 target on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Monday, July 22nd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Aya Gold & Silver presently has a consensus rating of “Buy” and an average target price of C$21.46.

Aya Gold & Silver Stock Up 0.6 %

Shares of TSE AYA traded up C$0.12 during trading on Monday, hitting C$18.99. The stock had a trading volume of 459,480 shares, compared to its average volume of 401,165. Aya Gold & Silver has a 12 month low of C$6.73 and a 12 month high of C$19.54. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28. The company has a market capitalization of C$2.48 billion, a PE ratio of 211.00 and a beta of 1.40. The firm has a fifty day moving average of C$16.13 and a two-hundred day moving average of C$14.79.

Aya Gold & Silver (TSE:AYA) last posted its earnings results on Wednesday, August 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping 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 firm had revenue of C$18.72 million during the quarter. As a group, equities research analysts forecast that Aya Gold & Silver will post 0.6384455 EPS for the current fiscal year.

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.