Aya Gold & Silver Inc. (TSE:AYA) Receives Consensus Recommendation of “Buy” from Brokerages

Aya Gold & Silver Inc. (TSE:AYA) has received an average recommendation of “Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$23.93.

A number of equities analysts recently issued reports on the stock. Cormark raised their price objective on shares of Aya Gold & Silver from C$12.50 to C$17.50 in a report on Tuesday, September 16th. Desjardins increased their price target on shares of Aya Gold & Silver from C$30.00 to C$32.00 and gave the stock a “buy” rating in a research report on Thursday. CIBC lifted their price target on shares of Aya Gold & Silver from C$25.00 to C$27.00 in a research note on Wednesday. Finally, Stifel Nicolaus cut their price objective on shares of Aya Gold & Silver from C$33.00 to C$31.50 and set a “buy” rating for the company in a research report on Friday.

Aya Gold & Silver Trading Up 3.4%

Shares of TSE:AYA opened at C$19.90 on Friday. The stock’s 50-day simple moving average is C$16.56 and its two-hundred day simple moving average is C$14.71. The stock has a market capitalization of C$2.82 billion, a price-to-earnings ratio of -663.33 and a beta of 1.37. Aya Gold & Silver has a 52-week low of C$8.52 and a 52-week high of C$21.80. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06.

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.