Aya Gold & Silver (TSE:AYA) Price Target Raised to C$55.00

Aya Gold & Silver (TSE:AYA) had its target price boosted by stock analysts at Desjardins from C$38.00 to C$55.00 in a research note issued on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price objective indicates a potential upside of 35.17% from the company’s previous close.

A number of other equities analysts also recently commented on AYA. National Bank Financial upped their target price on Aya Gold & Silver from C$41.00 to C$43.00 and gave the company an “outperform” rating in a report on Thursday, August 20th. Canadian Imperial Bank of Commerce lifted their price target on shares of Aya Gold & Silver from C$35.00 to C$41.50 in a report on Friday, August 14th. Finally, BMO Capital Markets upped their price objective on shares of Aya Gold & Silver from C$36.00 to C$41.00 in a report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$39.50.

Aya Gold & Silver Trading Up 5.8%

Shares of TSE AYA traded up C$2.22 during trading hours on Thursday, hitting C$40.69. The company’s stock had a trading volume of 1,161,426 shares, compared to its average volume of 1,493,746. Aya Gold & Silver has a 12 month low of C$11.95 and a 12 month high of C$41.98. The stock has a market cap of C$5.86 billion, a price-to-earnings ratio of 52.83 and a beta of 3.09. The company has a debt-to-equity ratio of 17.63, a quick ratio of 3.28 and a current ratio of 2.02. The business has a 50-day simple moving average of C$30.65 and a 200-day simple moving average of C$26.47.

Aya Gold & Silver (TSE:AYA) last released its quarterly earnings results on Thursday, August 13th. The company reported C$0.33 EPS for the quarter. Aya Gold & Silver had a return on equity of 25.26% and a net margin of 32.72%.The business had revenue of C$137.52 million during the quarter. On average, analysts anticipate that Aya Gold & Silver will post 0.6384455 earnings per share for the current fiscal year.

Aya Gold & Silver Company Profile

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault – one of Africa’s most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.