Aya Gold & Silver (TSE:AYA) Price Target Cut to C$23.00

Aya Gold & Silver (TSE:AYA) had its target price lowered by National Bankshares from C$24.00 to C$23.00 in a report issued on Wednesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

AYA has been the topic of several other reports. Desjardins lifted their price target on shares of Aya Gold & Silver from C$21.00 to C$26.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Stifel Nicolaus boosted their price target on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. Eight Capital raised their price objective on Aya Gold & Silver from C$22.00 to C$26.00 in a research note on Thursday, July 11th. Finally, BMO Capital Markets set a C$21.50 target price on Aya Gold & Silver and gave the company an “outperform” rating in a research note on Monday, July 22nd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$21.64.

Aya Gold & Silver Stock Down 1.9 %

Shares of TSE:AYA opened at C$18.28 on Wednesday. The firm has a market capitalization of C$2.38 billion, a PE ratio of 203.11 and a beta of 1.40. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. Aya Gold & Silver has a 52-week low of C$6.73 and a 52-week high of C$19.56. The firm has a fifty day moving average of C$16.58 and a 200 day moving average of C$15.02.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.01 by C$0.06. The firm had revenue of C$18.72 million during the quarter. Aya Gold & Silver had a return on equity of 3.70% and a net margin of 22.31%. As a group, research analysts anticipate that Aya Gold & Silver will post 0.6384455 EPS for the current fiscal year.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.