Stifel Nicolaus Issues Positive Forecast for Aya Gold & Silver (TSE:AYA) Stock Price

Aya Gold & Silver (TSE:AYA) had its target price upped by Stifel Nicolaus from C$22.00 to C$33.00 in a report released on Monday morning,BayStreet.CA reports.

AYA has been the subject of several other reports. Citigroup dropped their price objective on Aya Gold & Silver from C$23.00 to C$22.00 and set a “buy” rating for the company in a research note on Tuesday, June 24th. Scotiabank dropped their price objective 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. Cormark increased their price objective on Aya Gold & Silver from C$12.50 to C$17.50 in a research note on Tuesday, September 16th. CIBC increased their price objective on Aya Gold & Silver from C$23.00 to C$25.00 in a research note on Friday, October 10th. Finally, National Bankshares increased their price objective on Aya Gold & Silver from C$18.75 to C$19.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aya Gold & Silver presently has an average rating of “Buy” and a consensus target price of C$22.14.

Aya Gold & Silver Stock Performance

Aya Gold & Silver stock opened at C$17.86 on Monday. 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 stock has a fifty day moving average price of C$14.96 and a two-hundred day moving average price of C$12.92. Aya Gold & Silver has a 52-week low of C$8.52 and a 52-week high of C$19.68. The firm has a market capitalization of C$2.53 billion, a P/E ratio of -148.83 and a beta of 1.14.

Aya Gold & Silver Company Profile

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.