National Bankshares Cuts Aya Gold & Silver (TSE:AYA) Price Target to C$20.75

Aya Gold & Silver (TSE:AYA) had its price objective cut by National Bankshares from C$21.25 to C$20.75 in a report published on Tuesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other brokerages have also commented on AYA. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Cormark cut their price objective on Aya Gold & Silver from C$14.00 to C$13.00 in a research report on Thursday, January 30th. Cibc World Mkts upgraded Aya Gold & Silver to a “strong-buy” rating in a research report on Friday, November 22nd. CIBC set a C$24.00 price objective on Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday, November 22nd. Finally, Stifel Nicolaus cut their price objective on Aya Gold & Silver from C$23.00 to C$22.25 in a research report on Monday, November 25th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$20.94.

Aya Gold & Silver Price Performance

Shares of AYA stock opened at C$12.09 on Tuesday. The stock’s fifty day simple moving average is C$11.71 and its 200 day simple moving average is C$14.31. The company has a debt-to-equity ratio of 34.69, a current ratio of 2.06 and a quick ratio of 3.28. The firm has a market cap of C$1.12 billion, a price-to-earnings ratio of 142.83 and a beta of 1.40. Aya Gold & Silver has a one year low of C$9.43 and a one year high of C$19.56.

Insider Transactions at Aya Gold & Silver

In other news, Senior Officer Alex Ball sold 20,000 shares of the business’s stock in a transaction on Monday, January 20th. The stock was sold at an average price of C$12.08, for a total transaction of C$241,600.00. Also, Director Benoit La Salle sold 64,244 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$11.27, for a total value of C$724,145.52. Insiders sold a total of 152,835 shares of company stock worth $1,761,507 over the last 90 days. 10.18% of the stock is owned by insiders.

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.