Brokerages Set Aya Gold & Silver Inc. (TSE:AYA) PT at C$20.97

Aya Gold & Silver Inc. (TSE:AYA) has been given a consensus recommendation of “Buy” by the eight ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$20.97.

Several analysts have recently weighed in on the stock. Stifel Nicolaus set a C$22.50 price target on shares of Aya Gold & Silver and gave the company a “buy” rating in a research note on Wednesday, March 19th. National Bankshares cut their target price on Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Cormark decreased their price target on Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. Stifel Canada upgraded Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, March 19th. Finally, Desjardins reduced their price objective on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a report on Thursday, February 13th.

Aya Gold & Silver Trading Down 0.5 %

Shares of AYA stock opened at C$12.84 on Thursday. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. Aya Gold & Silver has a twelve month low of C$10.12 and a twelve month high of C$19.56. The company’s 50-day moving average price is C$11.95 and its 200-day moving average price is C$13.80. The stock has a market cap of C$1.19 billion, a price-to-earnings ratio of 151.69 and a beta of 1.40.

Insiders Place Their Bets

In other Aya Gold & Silver news, Director Benoit La Salle sold 64,244 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total value of C$724,145.52. Also, Senior Officer Alex Ball sold 20,000 shares of Aya Gold & Silver 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. Insiders sold a total of 152,835 shares of company stock worth $1,761,507 over the last 90 days. Corporate insiders own 10.18% of the company’s stock.

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.