Stifel Nicolaus Lowers Aya Gold & Silver (TSE:AYA) Price Target to C$31.50

Aya Gold & Silver (TSE:AYA) had its price objective cut by stock analysts at Stifel Nicolaus from C$33.00 to C$31.50 in a research report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price target suggests a potential upside of 58.29% from the company’s previous close.

Several other analysts have also recently weighed in on the company. Cormark lifted their price target on Aya Gold & Silver from C$12.50 to C$17.50 in a report on Tuesday, September 16th. CIBC increased their price objective on Aya Gold & Silver from C$25.00 to C$27.00 in a research report on Wednesday. Finally, Desjardins boosted their target price on shares of Aya Gold & Silver from C$30.00 to C$32.00 and gave the company a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$23.93.

Aya Gold & Silver Trading Up 3.4%

Shares of AYA stock opened at C$19.90 on Friday. Aya Gold & Silver has a 12-month low of C$8.52 and a 12-month high of C$21.80. The company has a market capitalization of C$2.82 billion, a PE ratio of -663.33 and a beta of 1.37. The firm has a 50 day moving average price of C$16.56 and a two-hundred day moving average price of C$14.72. 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 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.