Stifel Nicolaus Increases Aya Gold & Silver (TSE:AYA) Price Target to C$39.00

Aya Gold & Silver (TSE:AYA) had its target price hoisted by analysts at Stifel Nicolaus from C$31.50 to C$39.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. Stifel Nicolaus’ price objective indicates a potential upside of 61.62% from the stock’s current price.

A number of other research firms have also recently commented on AYA. Canadian Imperial Bank of Commerce upped their price target on shares of Aya Gold & Silver from C$30.00 to C$35.00 in a report on Wednesday, February 4th. Desjardins upped their target price on shares of Aya Gold & Silver from C$30.00 to C$32.00 and gave the stock a “buy” rating in a research note on Thursday, December 18th. Finally, BMO Capital Markets decreased their price target on shares of Aya Gold & Silver from C$33.00 to C$29.00 in a research note on Wednesday, January 14th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$26.50.

Aya Gold & Silver Trading Up 0.2%

AYA traded up C$0.06 during trading hours on Tuesday, reaching C$24.13. 474,680 shares of the company’s stock traded hands, compared to its average volume of 2,145,542. The firm has a 50-day moving average price of C$21.59 and a 200 day moving average price of C$17.11. The firm has a market capitalization of C$3.42 billion, a PE ratio of -804.33 and a beta of 2.09. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. Aya Gold & Silver has a 52-week low of C$8.52 and a 52-week high of C$30.15.

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.