Stifel Nicolaus Forecasts Strong Price Appreciation for Aya Gold & Silver (TSE:AYA) Stock

Aya Gold & Silver (TSE:AYA) had its price objective upped by equities researchers at Stifel Nicolaus from C$31.50 to C$39.00 in a report issued on Tuesday,BayStreet.CA reports. Stifel Nicolaus’ price objective indicates a potential upside of 57.89% from the company’s current price.

AYA has been the topic of several other research reports. BMO Capital Markets decreased their price objective on Aya Gold & Silver from C$33.00 to C$29.00 in a research note on Wednesday, January 14th. Desjardins increased their target price on shares of Aya Gold & Silver from C$30.00 to C$32.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. Finally, Canadian Imperial Bank of Commerce lifted their price target on shares of Aya Gold & Silver from C$30.00 to C$35.00 in a report on Wednesday, February 4th. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$26.50.

Aya Gold & Silver Stock Performance

Shares of TSE AYA opened at C$24.70 on Tuesday. Aya Gold & Silver has a 12-month low of C$8.52 and a 12-month high of C$30.15. The firm has a market capitalization of C$3.50 billion, a price-to-earnings ratio of -823.33 and a beta of 2.09. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. The firm has a 50 day moving average of C$21.80 and a 200 day moving average of C$17.23.

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.