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

Aya Gold & Silver (TSE:AYA) had its price objective lifted by Stifel Nicolaus from C$31.50 to C$39.00 in a research note issued to investors on Tuesday,BayStreet.CA reports.

A number of other research analysts have also recently commented on the stock. Desjardins increased their price target on shares of 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 price target on shares of Aya Gold & Silver from C$33.00 to C$29.00 in a research report on Wednesday, January 14th. Finally, Canadian Imperial Bank of Commerce lifted their price objective on Aya Gold & Silver from C$30.00 to C$35.00 in a report on Wednesday, February 4th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$26.50.

Aya Gold & Silver Stock Up 0.7%

Shares of TSE:AYA opened at C$24.25 on Tuesday. The firm has a fifty day moving average of C$21.68 and a 200 day moving average of C$17.18. Aya Gold & Silver has a 52-week low of C$8.52 and a 52-week high of C$30.15. 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 capitalization of C$3.44 billion, a PE ratio of -808.33 and a beta of 2.09.

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.