Aya Gold & Silver (TSE:AYA) Price Target Lowered to C$23.00 at National Bankshares

by · The Cerbat Gem

Aya Gold & Silver (TSE:AYA – Get Free Report) had its price target cut by equities research analysts at National Bankshares from C$24.00 to C$23.00 in a report released on Wednesday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 25.20% from the company’s previous close.

Several other analysts have also issued reports on AYA. Stifel Nicolaus upped their target price on Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday. Desjardins upped their price objective on 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. Eight Capital increased their price objective on Aya Gold & Silver from C$22.00 to C$26.00 in a report on Thursday, July 11th. Finally, BMO Capital Markets set a C$21.50 target price on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a report on Monday, July 22nd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$21.64.

Read Our Latest Stock Analysis on AYA

Aya Gold & Silver Stock Down 4.5 %

Shares of TSE AYA traded down C$0.86 during midday trading on Wednesday, reaching C$18.37. The company’s stock had a trading volume of 296,552 shares, compared to its average volume of 402,210. The stock has a 50 day simple moving average of C$16.35 and a 200-day simple moving average of C$14.90. 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 stock has a market capitalization of C$2.40 billion, a price-to-earnings ratio of 204.11 and a beta of 1.40. Aya Gold & Silver has a fifty-two week low of C$6.73 and a fifty-two week high of C$19.56.

Aya Gold & Silver (TSE:AYA – Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.01 by C$0.06. Aya Gold & Silver had a net margin of 22.31% and a return on equity of 3.70%. The firm had revenue of C$18.72 million for the quarter. Equities research analysts predict that Aya Gold & Silver will post 0.6384455 earnings per share for the current year.

About Aya Gold & Silver

(Get Free Report)

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.

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