Aya Gold & Silver Inc. (TSE:AYA) Given Average Recommendation of “Buy” by Brokerages

Shares of Aya Gold & Silver Inc. (TSE:AYA) have received an average recommendation of “Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$48.83.

A number of research firms have recently issued reports on AYA. BMO Capital Markets increased their price objective on shares of Aya Gold & Silver from C$41.00 to C$46.00 and gave the stock an “outperform” rating in a research report on Thursday, September 10th. Raymond James Financial upped their price target on Aya Gold & Silver from C$32.00 to C$45.00 and gave the stock an “outperform” rating in a research note on Thursday, September 10th. Canadian Imperial Bank of Commerce increased their price target on Aya Gold & Silver from C$41.50 to C$48.00 and gave the stock an “outperformer” rating in a report on Thursday, September 10th. Stifel Nicolaus raised their price objective on Aya Gold & Silver from C$39.00 to C$56.00 and gave the company a “buy” rating in a research note on Friday, September 11th. Finally, National Bank Financial boosted their price objective on Aya Gold & Silver from C$41.00 to C$43.00 and gave the company an “outperform” rating in a report on Thursday, August 20th.

Aya Gold & Silver Stock Performance

Shares of AYA stock opened at C$37.41 on Thursday. The company has a market cap of C$5.39 billion, a price-to-earnings ratio of 48.57 and a beta of 3.30. Aya Gold & Silver has a 52 week low of C$11.95 and a 52 week high of C$41.98. The company has a quick ratio of 3.28, a current ratio of 2.02 and a debt-to-equity ratio of 17.63. The firm has a 50 day moving average of C$34.23 and a 200-day moving average of C$28.02.

Aya Gold & Silver (TSE:AYA) last released its earnings results on Thursday, August 13th. The company reported C$0.33 earnings per share (EPS) for the quarter. The company had revenue of C$137.52 million for the quarter. Aya Gold & Silver had a net margin of 32.72% and a return on equity of 25.26%. On average, equities analysts forecast that Aya Gold & Silver will post 0.6384455 earnings per share for the current year.

About Aya Gold & Silver

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.