Aya Gold & Silver (TSE:AYA) Given New C$23.00 Price Target at CIBC

Aya Gold & Silver (TSE:AYA) had its price target increased by CIBC from C$22.00 to C$23.00 in a report released on Thursday,BayStreet.CA reports.

A number of other research firms have also issued reports on AYA. Desjardins set a C$20.00 price objective on shares of Aya Gold & Silver and gave the company a “buy” rating in a research note on Thursday, June 19th. Cormark lifted their price target on shares of Aya Gold & Silver from C$12.50 to C$17.50 in a research note on Tuesday, September 16th. National Bankshares upped their price objective on shares of Aya Gold & Silver from C$18.75 to C$19.00 and gave the company an “outperform” rating in a research report on Tuesday, June 24th. Scotiabank lowered their target price on Aya Gold & Silver from C$19.00 to C$18.50 and set an “outperform” rating for the company in a research note on Monday, June 23rd. Finally, Citigroup cut their target price on Aya Gold & Silver from C$23.00 to C$22.00 and set a “buy” rating on the stock in a research report on Tuesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aya Gold & Silver currently has a consensus rating of “Buy” and an average target price of C$20.43.

Aya Gold & Silver Stock Performance

Shares of TSE:AYA opened at C$12.93 on Thursday. The company has a market cap of C$1.83 billion, a P/E ratio of -107.75 and a beta of 0.93. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. Aya Gold & Silver has a one year low of C$8.52 and a one year high of C$19.56. The business’s 50-day simple moving average is C$13.65 and its 200 day simple moving average is C$12.35.

About Aya Gold & Silver

Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.