Aya Gold & Silver (TSE:AYA) Raised to Strong-Buy at Scotiabank

Aya Gold & Silver (TSE:AYA) was upgraded by analysts at Scotiabank to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

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

Aya Gold & Silver Stock Down 0.5%

AYA stock opened at C$23.48 on Thursday. 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 1 year low of C$8.52 and a 1 year high of C$30.15. The company has a fifty day simple moving average of C$23.05 and a 200 day simple moving average of C$20.47. The firm has a market cap of C$3.36 billion, a PE ratio of 73.38 and a beta of 2.79.

Aya Gold & Silver (TSE:AYA) last issued its quarterly earnings data on Tuesday, March 31st. The company reported C$0.16 earnings per share (EPS) for the quarter. The firm had revenue of C$100.86 million during the quarter. Aya Gold & Silver had a net margin of 22.54% and a return on equity of 12.50%. Sell-side analysts anticipate that Aya Gold & Silver will post 0.6384455 EPS for the current fiscal 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.