Aya Gold & Silver Inc. (TSE:AYA) Given Average Recommendation of “Buy” by Brokerages

Shares of Aya Gold & Silver Inc. (TSE:AYA) have received a consensus rating of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$41.93.

A number of research analysts have weighed in on the stock. Canadian Imperial Bank of Commerce boosted their price objective on shares of Aya Gold & Silver from C$41.50 to C$48.00 and gave the company an “outperformer” rating in a research report on Thursday. Desjardins lifted their price target on shares of Aya Gold & Silver from C$38.00 to C$55.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. National Bank Financial upped their price target on shares of Aya Gold & Silver from C$41.00 to C$43.00 and gave the company an “outperform” rating in a report on Thursday, August 20th. Raymond James Financial increased their price objective on shares of Aya Gold & Silver from C$32.00 to C$45.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, BMO Capital Markets raised their price objective on shares of Aya Gold & Silver from C$41.00 to C$46.00 and gave the stock an “outperform” rating in a research note on Thursday.

Aya Gold & Silver Trading Down 5.5%

Shares of Aya Gold & Silver stock traded down C$2.27 on Thursday, reaching C$39.00. The company had a trading volume of 791,283 shares, compared to its average volume of 1,466,001. The firm has a market cap of C$5.62 billion, a price-to-earnings ratio of 50.63 and a beta of 3.30. 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’s 50-day moving average price is C$33.21 and its two-hundred day moving average price is C$27.62. Aya Gold & Silver has a 1 year low of C$11.95 and a 1 year high of C$41.98.

Aya Gold & Silver (TSE:AYA) last released its quarterly earnings results on Thursday, August 13th. The company reported C$0.33 earnings per share for the quarter. The company 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 predict that Aya Gold & Silver will post 0.6384455 earnings per share for the current fiscal year.

About Aya Gold & Silver

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.