Aya Gold & Silver (TSE:AYA) Price Target Raised to C$18.25

Aya Gold & Silver (TSE:AYA) had its target price boosted by research analysts at National Bankshares from C$16.50 to C$18.25 in a note issued to investors on Friday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price would suggest a potential upside of 23.31% from the company’s previous close.

A number of other research analysts also recently commented on the stock. Raymond James increased their target price on shares of Aya Gold & Silver from C$10.50 to C$13.25 in a research report on Friday, January 12th. Eight Capital raised their price objective on shares of Aya Gold & Silver from C$17.00 to C$22.00 in a research report on Tuesday, April 16th. Cormark raised their price objective on shares of Aya Gold & Silver from C$12.50 to C$15.00 in a research report on Wednesday. Finally, Stifel Nicolaus raised their price objective on shares of Aya Gold & Silver from C$14.00 to C$15.70 in a research report on Friday.

Aya Gold & Silver Trading Up 5.1 %

TSE AYA opened at C$14.80 on Friday. The company has a debt-to-equity ratio of 26.11, a current ratio of 1.72 and a quick ratio of 3.28. The firm’s fifty day moving average price is C$11.32 and its 200 day moving average price is C$9.89. The company has a market capitalization of C$1.92 billion, a price-to-earnings ratio of 493.33 and a beta of 1.36. Aya Gold & Silver has a 12 month low of C$6.58 and a 12 month high of C$14.81.

Aya Gold & Silver (TSE:AYA) last posted its earnings results on Thursday, March 28th. The company reported C$0.04 EPS for the quarter, beating analysts’ consensus estimates of C($0.01) by C$0.05. The firm had revenue of C$15.07 million for the quarter. Aya Gold & Silver had a net margin of 12.85% and a return on equity of 3.00%. On average, sell-side analysts expect that Aya Gold & Silver will post 0.013981 earnings per share 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.