Aya Gold & Silver (TSE:AYA) Trading Up 10.1% – Here’s What Happened

Aya Gold & Silver Inc. (TSE:AYA)’s stock price was up 10.1% during trading on Tuesday . The stock traded as high as C$21.20 and last traded at C$21.13. Approximately 347,555 shares traded hands during trading, a decline of 81% from the average daily volume of 1,854,295 shares. The stock had previously closed at C$19.20.

Analyst Upgrades and Downgrades

AYA has been the topic of a number of analyst reports. National Bank Financial cut their target price on Aya Gold & Silver from C$29.00 to C$25.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Canadian Imperial Bank of Commerce increased their target price on Aya Gold & Silver from C$30.00 to C$35.00 in a research note on Wednesday, February 4th. Stifel Nicolaus lifted their price target on shares of Aya Gold & Silver from C$31.50 to C$39.00 in a research note on Tuesday, February 10th. BMO Capital Markets cut their price target on Aya Gold & Silver from C$33.00 to C$29.00 in a research note on Wednesday, January 14th. 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 report on Thursday, December 18th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Aya Gold & Silver has a consensus rating of “Buy” and a consensus target price of C$27.25.

Aya Gold & Silver Price Performance

The company has a current ratio of 1.96, a quick ratio of 3.28 and a debt-to-equity ratio of 21.32. The firm has a market cap of C$3.22 billion, a P/E ratio of -756.67 and a beta of 2.37. The firm has a 50-day simple moving average of C$23.29 and a 200-day simple moving average of C$19.60.

Aya Gold & Silver (TSE:AYA) last issued its quarterly earnings data on Tuesday, March 31st. The company reported C$0.16 earnings per share for the quarter. The company had revenue of C$100.86 million for the quarter. Aya Gold & Silver had a return on equity of 0.76% and a net margin of 1.81%. As a group, analysts forecast 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.