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

Aya Gold & Silver Inc. (TSE:AYA) has received a consensus recommendation of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$25.56.

A number of equities research analysts have weighed in on the stock. BMO Capital Markets decreased their target price on shares of Aya Gold & Silver from C$33.00 to C$29.00 in a research note on Wednesday, January 14th. Desjardins upped their price objective on Aya Gold & Silver from C$30.00 to C$32.00 and gave the company a “buy” rating in a research report on Thursday, December 18th. Canadian Imperial Bank of Commerce increased their target price on Aya Gold & Silver from C$30.00 to C$35.00 in a report on Wednesday. Finally, Stifel Nicolaus dropped their target price on Aya Gold & Silver from C$33.00 to C$31.50 and set a “buy” rating on the stock in a research report on Friday, December 19th.

Aya Gold & Silver Stock Up 8.4%

Shares of Aya Gold & Silver stock opened at C$22.72 on Friday. Aya Gold & Silver has a twelve month low of C$8.52 and a twelve month high of C$30.15. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. The company’s 50 day moving average is C$21.49 and its 200 day moving average is C$17.01. The company has a market cap of C$3.22 billion, a price-to-earnings ratio of -757.33 and a beta of 2.09.

About Aya Gold & Silver

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.