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

Aya Gold & Silver Inc. (TSE:AYA) has received an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$25.56.

Several equities research analysts recently weighed in on the stock. Canadian Imperial Bank of Commerce raised their price target on shares of Aya Gold & Silver from C$30.00 to C$35.00 in a research report on Wednesday. Desjardins upped their price objective on Aya Gold & Silver from C$30.00 to C$32.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. BMO Capital Markets cut their target price on Aya Gold & Silver from C$33.00 to C$29.00 in a research note on Wednesday, January 14th. Finally, Stifel Nicolaus decreased their price target on Aya Gold & Silver from C$33.00 to C$31.50 and set a “buy” rating for the company in a research note on Friday, December 19th.

Aya Gold & Silver Stock Up 8.4%

TSE:AYA opened at C$22.72 on Friday. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. The firm has a market cap of C$3.22 billion, a P/E ratio of -757.33 and a beta of 2.09. Aya Gold & Silver has a fifty-two week low of C$8.52 and a fifty-two week high of C$30.15. The firm has a 50-day simple moving average of C$21.49 and a two-hundred day simple moving average of C$17.01.

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.