Aya Gold & Silver (TSE:AYA) Hits New 12-Month High – Time to Buy?

Aya Gold & Silver Inc. (TSE:AYA)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$31.51 and last traded at C$31.13, with a volume of 830203 shares changing hands. The stock had previously closed at C$27.54.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AYA shares. Desjardins set a C$38.00 price objective on shares of Aya Gold & Silver and gave the company a “buy” rating in a report on Monday, July 27th. Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat.com, Aya Gold & Silver has an average rating of “Buy” and a consensus price target of C$30.58.

Aya Gold & Silver Price Performance

The company has a market cap of C$4.62 billion, a PE ratio of 53.70 and a beta of 3.07. The company has a quick ratio of 3.28, a current ratio of 2.22 and a debt-to-equity ratio of 21.87. The firm has a 50 day simple moving average of C$27.15 and a 200-day simple moving average of C$24.95.

Aya Gold & Silver (TSE:AYA) last released its quarterly earnings results on Thursday, May 14th. The company reported C$0.46 earnings per share for the quarter. The business had revenue of C$163.04 million for the quarter. Aya Gold & Silver had a net margin of 30.38% and a return on equity of 20.80%. As a group, research analysts predict that Aya Gold & Silver Inc. will post 0.6384455 earnings per share for the current fiscal year.

Aya Gold & Silver Company Profile

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault – one of Africa’s most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.