29,409 Shares in Aya Gold & Silver Inc. $AYA Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in shares of Aya Gold & Silver Inc. (NASDAQ:AYA) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 29,409 shares of the company’s stock, valued at approximately $557,000.

Several other hedge funds and other institutional investors also recently modified their holdings of AYA. BlackRock Inc. purchased a new stake in Aya Gold & Silver in the second quarter valued at approximately $502,000. Alberta Investment Management Corp purchased a new position in Aya Gold & Silver in the 2nd quarter worth approximately $663,000. Edmond DE Rothschild Holding S.A. purchased a new position in Aya Gold & Silver in the 2nd quarter worth approximately $5,145,000. Finally, Deutsche Bank AG bought a new position in shares of Aya Gold & Silver in the 2nd quarter worth $26,946,000.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a research note on Friday, May 15th. Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, May 20th. Finally, Zacks Research upgraded Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Aya Gold & Silver Trading Up 5.5%

Shares of AYA opened at $29.29 on Friday. The company’s 50-day moving average is $22.05. The company has a market cap of $4.22 billion and a price-to-earnings ratio of 52.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.02 and a quick ratio of 1.70. Aya Gold & Silver Inc. has a 1-year low of $15.84 and a 1-year high of $30.24.

Aya Gold & Silver (NASDAQ:AYA) last released its earnings results on Thursday, August 13th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.13). Aya Gold & Silver had a net margin of 32.92% and a return on equity of 25.49%. On average, research analysts forecast that Aya Gold & Silver Inc. will post 1.11 EPS for the current fiscal year.

Aya Gold & Silver Profile

Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.