Aya Gold & Silver (TSE:AYA) Trading Up 7.5% – Still a Buy?

Shares of Aya Gold & Silver Inc. (TSE:AYA) shot up 7.5% on Friday . The stock traded as high as C$26.42 and last traded at C$26.13. 1,060,379 shares changed hands during trading, a decline of 34% from the average session volume of 1,599,594 shares. The stock had previously closed at C$24.31.

Analyst Ratings Changes

A number of research analysts recently issued reports on AYA shares. Desjardins set a C$37.00 price objective on Aya Gold & Silver and gave the stock a “buy” rating in a report on Thursday, April 23rd. Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a report on Thursday, April 23rd. Finally, National Bank Financial decreased their price objective on Aya Gold & Silver from C$29.00 to C$25.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$27.88.

Aya Gold & Silver Stock Performance

The company has a quick ratio of 3.28, a current ratio of 2.22 and a debt-to-equity ratio of 21.87. The firm has a market capitalization of C$3.75 billion, a P/E ratio of 43.55 and a beta of 2.93. The stock has a fifty day moving average of C$24.90 and a 200-day moving average of C$22.89.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings data on Thursday, May 14th. The company reported C$0.46 earnings per share (EPS) for the quarter. The business had revenue of C$163.05 million during the quarter. Aya Gold & Silver had a return on equity of 20.80% and a net margin of 30.38%. On average, research analysts anticipate that Aya Gold & Silver Inc. will post 0.6384455 EPS for the current year.

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.