Aya Gold & Silver (NASDAQ:AYA) Raised to Strong-Buy at Zacks Research

Aya Gold & Silver (NASDAQ:AYA) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

A number of other research analysts have also issued reports on the company. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a report on Friday, May 15th. Scotiabank raised Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, May 20th. Finally, Weiss Ratings downgraded Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Two equities research 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 MarketBeat, Aya Gold & Silver currently has an average rating of “Buy”.

Aya Gold & Silver Stock Up 4.8%

AYA opened at $20.04 on Monday. Aya Gold & Silver has a 52 week low of $15.84 and a 52 week high of $21.99. The company has a market cap of $2.88 billion and a price-to-earnings ratio of 60.73.

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.