Aya Gold & Silver (TSE:AYA) Price Target Cut to C$29.00 by Analysts at BMO Capital Markets

Aya Gold & Silver (TSE:AYA) had its target price lowered by research analysts at BMO Capital Markets from C$33.00 to C$29.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. BMO Capital Markets’ price objective indicates a potential upside of 21.19% from the company’s current price.

A number of other analysts have also weighed in on AYA. CIBC raised their price objective on shares of Aya Gold & Silver from C$27.00 to C$30.00 in a research note on Tuesday. Stifel Nicolaus cut their price target on shares of Aya Gold & Silver from C$33.00 to C$31.50 and set a “buy” rating on the stock in a report on Friday, December 19th. Desjardins boosted their price objective on shares of Aya Gold & Silver from C$30.00 to C$32.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. Finally, Cormark increased their target price on Aya Gold & Silver from C$12.50 to C$17.50 in a research note on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$24.94.

Aya Gold & Silver Stock Up 0.8%

Shares of TSE:AYA traded up C$0.20 on Wednesday, hitting C$23.93. 1,547,978 shares of the company traded hands, compared to its average volume of 1,511,598. Aya Gold & Silver has a 52 week low of C$8.52 and a 52 week high of C$25.24. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. The stock has a 50 day simple moving average of C$18.20 and a 200-day simple moving average of C$15.60. The company has a market cap of C$3.40 billion, a PE ratio of -797.67 and a beta of 1.66.

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.