Zacks Research Upgrades Aya Gold & Silver (NASDAQ:AYA) to “Strong-Buy”

Aya Gold & Silver (NASDAQ:AYA) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Several other research firms have also recently commented on AYA. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a report on Friday, May 15th. Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, May 20th. Finally, Weiss Ratings cut shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Aya Gold & Silver Stock Up 4.8%

Aya Gold & Silver stock opened at $20.04 on Monday. The firm has a market capitalization of $2.88 billion and a P/E ratio of 60.73. Aya Gold & Silver has a 52 week low of $15.84 and a 52 week high of $21.99.

Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.