Aya Gold & Silver Inc. (TSE:AYA) Given Consensus Rating of “Buy” by Brokerages

Aya Gold & Silver Inc. (TSE:AYA) has been given a consensus rating of “Buy” by the seven brokerages that are currently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$22.14.

A number of research firms recently issued reports on AYA. Cormark upped their target price on Aya Gold & Silver from C$12.50 to C$17.50 in a research note on Tuesday, September 16th. Stifel Nicolaus upped their price objective on Aya Gold & Silver from C$22.00 to C$33.00 in a research report on Monday, October 20th. Finally, 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.

Aya Gold & Silver Stock Up 8.5%

Shares of TSE AYA opened at C$14.63 on Tuesday. Aya Gold & Silver has a 12-month low of C$8.52 and a 12-month high of C$19.68. The company has a market capitalization of C$2.08 billion, a PE ratio of -487.67 and a beta of 1.24. 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 firm’s 50-day moving average is C$15.45 and its two-hundred day moving average is C$13.73.

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.