Aya Gold & Silver (TSE:AYA) Upgraded at Scotiabank

Scotiabank upgraded shares of Aya Gold & Silver (TSE:AYA) to a strong-buy rating in a research report released on Thursday,Zacks.com reports.

A number of other equities research analysts have also issued reports on AYA. Stifel Nicolaus increased their price objective on shares of Aya Gold & Silver from C$31.50 to C$39.00 in a report on Tuesday, February 10th. National Bank Financial cut their price objective on shares of Aya Gold & Silver from C$29.00 to C$25.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Desjardins set a C$37.00 price objective on shares of Aya Gold & Silver and gave the company a “buy” rating in a report on Thursday. BMO Capital Markets cut their price objective on shares of Aya Gold & Silver from C$33.00 to C$29.00 in a report on Wednesday, January 14th. Finally, Canadian Imperial Bank of Commerce increased their price objective on shares of Aya Gold & Silver from C$30.00 to C$35.00 in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$27.88.

Aya Gold & Silver Trading Down 0.5%

Shares of TSE:AYA opened at C$23.48 on Thursday. The stock has a 50 day moving average of C$23.05 and a 200 day moving average of C$20.50. The company has a market cap of C$3.36 billion, a PE ratio of 73.38 and a beta of 2.79. The company has a current ratio of 1.94, a quick ratio of 3.28 and a debt-to-equity ratio of 27.45. Aya Gold & Silver has a 12-month low of C$8.52 and a 12-month high of C$30.15.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings results on Tuesday, March 31st. The company reported C$0.16 earnings per share for the quarter. Aya Gold & Silver had a return on equity of 12.50% and a net margin of 22.54%.The business had revenue of C$100.86 million during the quarter. As a group, equities research analysts expect that Aya Gold & Silver will post 0.6384455 EPS for the current year.

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.