National Bankshares Raises Aya Gold & Silver (TSE:AYA) Price Target to C$18.25

Aya Gold & Silver (TSE:AYA) had its price objective lifted by research analysts at National Bankshares from C$16.50 to C$18.25 in a research note issued on Friday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price points to a potential upside of 25.00% from the stock’s previous close.

A number of other equities research analysts also recently commented on the company. Cormark lifted their target price on Aya Gold & Silver from C$12.50 to C$15.00 in a report on Wednesday. Stifel Nicolaus lifted their price objective on shares of Aya Gold & Silver from C$14.00 to C$15.70 in a research note on Friday. Raymond James upped their price objective on shares of Aya Gold & Silver from C$10.50 to C$13.25 in a report on Friday, January 12th. Finally, Eight Capital raised their target price on shares of Aya Gold & Silver from C$17.00 to C$22.00 in a report on Tuesday.

Aya Gold & Silver Stock Performance

AYA traded up C$0.52 on Friday, reaching C$14.60. 404,022 shares of the stock were exchanged, compared to its average volume of 381,770. The company has a debt-to-equity ratio of 26.11, a current ratio of 1.72 and a quick ratio of 3.28. The company’s 50-day moving average price is C$11.22 and its 200 day moving average price is C$9.82. The firm has a market capitalization of C$1.90 billion, a PE ratio of 486.67 and a beta of 1.36. Aya Gold & Silver has a fifty-two week low of C$6.58 and a fifty-two week high of C$14.74.

About Aya Gold & Silver

Aya Gold & Silver Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of precious metal properties in Morocco. The company primarily explores for gold, silver, zinc, lead, tungsten, molybdenum, uranium, and copper deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.