Stifel Nicolaus Lowers Aya Gold & Silver (TSE:AYA) Price Target to C$22.25

Aya Gold & Silver (TSE:AYA) had its price objective cut by equities researchers at Stifel Nicolaus from C$23.00 to C$22.25 in a note issued to investors on Monday,BayStreet.CA reports. Stifel Nicolaus’ price target would indicate a potential upside of 67.42% from the company’s current price.

AYA has been the subject of a number of other reports. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. CIBC set a C$24.00 price target on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Friday, November 22nd. National Bankshares dropped their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. Finally, Cormark downgraded shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and dropped their price target for the stock from C$20.00 to C$14.00 in a research note on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$21.72.

Aya Gold & Silver Trading Up 1.5 %

AYA opened at C$13.29 on Monday. 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 cap of C$1.73 billion, a price-to-earnings ratio of 147.67 and a beta of 1.40. The firm has a 50 day simple moving average of C$16.84 and a 200 day simple moving average of C$15.33. Aya Gold & Silver has a fifty-two week low of C$9.06 and a fifty-two week high of C$19.56.

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.