Aya Gold & Silver (TSE:AYA) Given a C$19.00 Price Target at Scotiabank

Scotiabank set a C$19.00 target price on Aya Gold & Silver (TSE:AYA) in a research note issued to investors on Wednesday, MarketBeat reports. The firm currently has an outperform rating on the stock.

A number of other analysts have also weighed in on the stock. National Bankshares cut their target price on shares of Aya Gold & Silver from C$20.75 to C$19.75 and set an “outperform” rating on the stock in a research note on Wednesday, April 2nd. Cormark dropped their price objective on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a research report on Thursday, January 30th. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, April 3rd. Stifel Canada upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, March 19th. Finally, Stifel Nicolaus raised their price target on Aya Gold & Silver from C$22.50 to C$23.00 in a research note on Monday, April 21st. One investment analyst has rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$20.91.

Aya Gold & Silver Price Performance

Shares of TSE AYA opened at C$8.83 on Wednesday. The company has a debt-to-equity ratio of 34.69, a current ratio of 2.06 and a quick ratio of 3.28. The company has a market cap of C$816.52 million, a price-to-earnings ratio of 104.32 and a beta of 1.40. The stock’s 50-day moving average is C$11.10 and its two-hundred day moving average is C$12.54. Aya Gold & Silver has a 1-year low of C$8.52 and a 1-year high of C$19.56.

About Aya Gold & Silver

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.