National Bank Financial Issues Pessimistic Forecast for Aya Gold & Silver (TSE:AYA) Stock Price

Aya Gold & Silver (TSE:AYA) had its target price cut by equities research analysts at National Bank Financial from C$29.00 to C$25.00 in a research report issued on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price suggests a potential downside of 10.39% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. BMO Capital Markets cut their price objective on shares of Aya Gold & Silver from C$33.00 to C$29.00 in a research report on Wednesday, January 14th. Stifel Nicolaus boosted their price target on Aya Gold & Silver from C$31.50 to C$39.00 in a report on Tuesday, February 10th. Canadian Imperial Bank of Commerce raised their price objective on Aya Gold & Silver from C$30.00 to C$35.00 in a report on Wednesday, February 4th. Finally, Desjardins lifted 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. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$27.25.

Aya Gold & Silver Stock Up 0.6%

AYA opened at C$27.90 on Wednesday. The firm has a market cap of C$3.96 billion, a P/E ratio of -930.00 and a beta of 2.09. The business’s fifty day simple moving average is C$22.93 and its 200 day simple moving average is C$18.13. Aya Gold & Silver has a 52 week low of C$8.52 and a 52 week 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.

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.