Aya Gold & Silver Inc. (TSE:AYA) Stock Has Average Target Price of C$48.83

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

Several research analysts recently weighed in on AYA shares. Raymond James Financial upped their price objective on shares of Aya Gold & Silver from C$32.00 to C$45.00 and gave the stock an “outperform” rating in a research report on Thursday, September 10th. Canadian Imperial Bank of Commerce lifted their target price on shares of Aya Gold & Silver from C$41.50 to C$48.00 and gave the company an “outperformer” rating in a research report on Thursday, September 10th. Desjardins lifted their target price on shares of Aya Gold & Silver from C$38.00 to C$55.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. Stifel Nicolaus boosted their price target on shares of Aya Gold & Silver from C$39.00 to C$56.00 and gave the stock a “buy” rating in a research note on Friday, September 11th. Finally, BMO Capital Markets increased their price target on shares of Aya Gold & Silver from C$41.00 to C$46.00 and gave the stock an “outperform” rating in a report on Thursday, September 10th.

Aya Gold & Silver Price Performance

Shares of TSE AYA opened at C$34.15 on Friday. The stock’s 50-day simple moving average is C$38.05 and its two-hundred day simple moving average is C$28.91. Aya Gold & Silver has a twelve month low of C$13.12 and a twelve month high of C$43.12. The firm has a market capitalization of C$4.92 billion, a P/E ratio of 44.34 and a beta of 3.17. The company has a quick ratio of 3.28, a current ratio of 2.02 and a debt-to-equity ratio of 17.63.

Aya Gold & Silver (TSE:AYA) last issued its quarterly earnings results on Thursday, August 13th. The company reported C$0.33 earnings per share (EPS) for the quarter. The firm had revenue of C$137.52 million during the quarter. Aya Gold & Silver had a return on equity of 25.26% and a net margin of 32.72%. As a group, equities analysts anticipate that Aya Gold & Silver will post 0.64 EPS 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.