Deutsche Bank AG Buys Shares of 1,422,691 Aya Gold & Silver Inc. $AYA

Deutsche Bank AG acquired a new position in shares of Aya Gold & Silver Inc. (NASDAQ:AYA) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,422,691 shares of the company’s stock, valued at approximately $26,946,000. Deutsche Bank AG owned approximately 0.99% of Aya Gold & Silver at the end of the most recent quarter.

Separately, Alberta Investment Management Corp purchased a new stake in Aya Gold & Silver during the second quarter worth approximately $663,000.

Analysts Set New Price Targets

Several analysts have issued reports on AYA shares. Zacks Research raised shares of Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Friday, May 15th. Weiss Ratings downgraded Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Finally, Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, May 20th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Aya Gold & Silver Stock Down 1.0%

Shares of NASDAQ AYA opened at $26.65 on Friday. The company has a market capitalization of $3.84 billion and a PE ratio of 47.59. The company’s 50-day moving average is $21.45. Aya Gold & Silver Inc. has a fifty-two week low of $15.84 and a fifty-two week high of $28.89. The company has a current ratio of 2.02, a quick ratio of 1.70 and a debt-to-equity ratio of 0.11.

Aya Gold & Silver (NASDAQ:AYA) last released its earnings results on Thursday, August 13th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.13). Aya Gold & Silver had a net margin of 32.92% and a return on equity of 25.49%. On average, sell-side analysts anticipate that Aya Gold & Silver Inc. will post 1.11 earnings per share for the current fiscal year.

Aya Gold & Silver Profile

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.