Aya Gold & Silver (TSE:AYA) Given a C$37.00 Price Target by Desjardins Analysts

Aya Gold & Silver (TSE:AYA) has been given a C$37.00 target price by analysts at Desjardins in a research note issued on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ target price indicates a potential upside of 57.92% from the company’s current price.

A number of other analysts also recently weighed in on AYA. National Bank Financial reduced their target price on shares of Aya Gold & Silver from C$29.00 to C$25.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Canadian Imperial Bank of Commerce upped their target price on shares of Aya Gold & Silver from C$30.00 to C$35.00 in a research report on Wednesday, February 4th. BMO Capital Markets reduced their target price on shares of Aya Gold & Silver from C$33.00 to C$29.00 in a research report on Wednesday, January 14th. Finally, Stifel Nicolaus upped their target price on shares of Aya Gold & Silver from C$31.50 to C$39.00 in a research report on Tuesday, February 10th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$27.88.

Aya Gold & Silver Stock Down 3.2%

Shares of TSE:AYA traded down C$0.78 during midday trading on Thursday, reaching C$23.43. The company’s stock had a trading volume of 599,959 shares, compared to its average volume of 1,732,731. The firm has a 50 day moving average of C$23.02 and a 200-day moving average of C$20.41. The firm has a market capitalization of C$3.35 billion, a P/E ratio of 73.22 and a beta of 2.79. The company has a quick ratio of 3.28, a current ratio of 1.94 and a debt-to-equity ratio of 27.45. Aya Gold & Silver has a 12-month low of C$8.52 and a 12-month high of C$30.15.

Aya Gold & Silver (TSE:AYA) last released its earnings results on Tuesday, March 31st. The company reported C$0.16 earnings per share for the quarter. The firm had revenue of C$100.86 million for the quarter. Aya Gold & Silver had a net margin of 22.54% and a return on equity of 12.50%. On average, research analysts anticipate that Aya Gold & Silver will post 0.6384455 earnings per share for the current year.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.