CIBC Analysts Give Aya Gold & Silver (TSE:AYA) a C$24.00 Price Target

CIBC set a C$24.00 price target on Aya Gold & Silver (TSE:AYA) in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

AYA has been the subject of several other research reports. Stifel Nicolaus raised their target price on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Cormark downgraded shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and dropped their target price for the company from C$20.00 to C$14.00 in a report on Friday, November 15th. Finally, National Bankshares dropped their target price on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$21.81.

Aya Gold & Silver Trading Up 5.1 %

Shares of TSE:AYA opened at C$13.41 on Friday. Aya Gold & Silver has a 52 week low of C$8.57 and a 52 week high of C$19.56. The company’s 50 day moving average is C$16.91 and its two-hundred day moving average is C$15.34. The company has a current ratio of 2.66, a quick ratio of 3.28 and a debt-to-equity ratio of 36.42. The company has a market cap of C$1.75 billion, a PE ratio of 149.00 and a beta of 1.40.

About Aya Gold & Silver

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.