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

Shares of Aya Gold & Silver Inc. (TSE:AYA) have been given a consensus recommendation of “Buy” by the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$20.94.

AYA has been the topic of several research analyst reports. Desjardins lowered their target price on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. CIBC set a C$24.00 target price on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a report on Friday, November 22nd. Cibc World Mkts raised shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. National Bankshares decreased their price target on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Finally, Stifel Nicolaus decreased their price target on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a research note on Monday, November 25th.

Aya Gold & Silver Price Performance

AYA stock opened at C$11.48 on Friday. Aya Gold & Silver has a one year low of C$9.71 and a one year high of C$19.56. The company’s fifty day moving average price is C$11.61 and its 200-day moving average price is C$14.14. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. The company has a market capitalization of C$1.06 billion, a PE ratio of 135.63 and a beta of 1.40.

Insider Activity

In other news, Director Benoit La Salle sold 64,244 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total value of C$724,145.52. Also, Senior Officer Alex Ball sold 20,000 shares of the stock in a transaction on Monday, January 20th. The shares were sold at an average price of C$12.08, for a total transaction of C$241,600.00. Over the last quarter, insiders have sold 152,835 shares of company stock valued at $1,761,507. 10.18% of the stock is currently owned by company insiders.

About Aya Gold & Silver

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.