Aya Gold & Silver (TSE:AYA) Reaches New 52-Week High – Here’s What Happened

Aya Gold & Silver Inc. (TSE:AYA) hit a new 52-week high on Thursday . The company traded as high as C$41.11 and last traded at C$40.97, with a volume of 582069 shares trading hands. The stock had previously closed at C$38.47.

Wall Street Analyst Weigh In

AYA has been the topic of several research reports. Canadian Imperial Bank of Commerce increased their target price on Aya Gold & Silver from C$35.00 to C$41.50 in a research note on Friday, August 14th. National Bank Financial lifted their target price on Aya Gold & Silver from C$41.00 to C$43.00 and gave the company an “outperform” rating in a research report on Thursday, August 20th. Desjardins set a C$38.00 price target on shares of Aya Gold & Silver and gave the stock a “buy” rating in a research note on Monday, July 27th. Finally, BMO Capital Markets increased their price target on shares of Aya Gold & Silver from C$36.00 to C$41.00 in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to data from MarketBeat, Aya Gold & Silver currently has a consensus rating of “Buy” and a consensus target price of C$36.67.

Aya Gold & Silver Trading Up 4.3%

The company’s 50 day simple moving average is C$30.65 and its 200 day simple moving average is C$26.47. The company has a debt-to-equity ratio of 17.63, a current ratio of 2.02 and a quick ratio of 3.28. The firm has a market cap of C$5.78 billion, a price-to-earnings ratio of 52.10 and a beta of 3.09.

Aya Gold & Silver (TSE:AYA) last announced its quarterly earnings data on Thursday, August 13th. The company reported C$0.33 earnings per share (EPS) for the quarter. The business had revenue of C$137.52 million for the quarter. Aya Gold & Silver had a return on equity of 25.26% and a net margin of 32.72%. As a group, research analysts expect that Aya Gold & Silver Inc. will post 0.6384455 earnings per share for the current fiscal year.

Aya Gold & Silver Company Profile

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault – one of Africa’s most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.