Aya Gold & Silver (TSE:AYA) Raised to “Moderate Buy” at Desjardins

Aya Gold & Silver (TSE:AYA) was upgraded by analysts at Desjardins to a “moderate buy” rating in a research note issued to investors on Thursday, Zacks.com reports.

Several other analysts have 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. Eight Capital increased their price target on Aya Gold & Silver from C$22.00 to C$26.00 in a report on Thursday, July 11th. Stifel Nicolaus raised their target price on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday, October 21st. 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 data from MarketBeat, Aya Gold & Silver has an average rating of “Buy” and an average target price of C$21.64.

Aya Gold & Silver Stock Performance

Shares of TSE:AYA traded down C$0.09 during midday trading on Thursday, reaching C$17.80. 290,818 shares of the company’s stock traded hands, compared to its average volume of 406,261. Aya Gold & Silver has a one year low of C$7.10 and a one year high of C$19.56. The stock has a 50 day moving average of C$16.81 and a 200 day moving average of C$15.21. The company has a market cap of C$2.32 billion, a price-to-earnings ratio of 197.78 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.

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