Aya Gold & Silver (TSE:AYA) Price Target Raised to C$32.00 at Desjardins

Aya Gold & Silver (TSE:AYA) had its target price increased by Desjardins from C$30.00 to C$32.00 in a report released on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ target price would indicate a potential upside of 65.37% from the stock’s current price.

Several other research firms have also recently issued reports on AYA. CIBC boosted their target price on Aya Gold & Silver from C$25.00 to C$27.00 in a research note on Wednesday. Stifel Nicolaus lifted their price target on shares of Aya Gold & Silver from C$22.00 to C$33.00 in a report on Monday, October 20th. Finally, Cormark upped their price objective on shares of Aya Gold & Silver from C$12.50 to C$17.50 in a report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$24.14.

Aya Gold & Silver Trading Down 2.5%

Shares of TSE AYA traded down C$0.49 during trading hours on Thursday, hitting C$19.35. The company’s stock had a trading volume of 653,322 shares, compared to its average volume of 1,188,741. Aya Gold & Silver has a 12 month low of C$8.52 and a 12 month high of C$21.80. The stock has a market cap of C$2.75 billion, a price-to-earnings ratio of -645.00 and a beta of 1.37. 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 business has a 50-day simple moving average of C$16.41 and a 200-day simple moving average of C$14.62.

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.