Aya Gold & Silver (TSE:AYA) Upgraded at Desjardins

Aya Gold & Silver (TSE:AYA) was upgraded by research analysts at Desjardins to a “moderate buy” rating in a note issued to investors on Thursday,Zacks.com reports.

A number of other research analysts also recently commented on AYA. National Bankshares dropped their target price on shares of Aya Gold & Silver from C$20.75 to C$19.75 and set an “outperform” rating on the stock in a research report on Wednesday. CIBC cut their target price on Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Monday, March 31st. Stifel Canada raised Aya Gold & Silver to a “strong-buy” rating in a research report on Wednesday, March 19th. Cormark cut their price target on Aya Gold & Silver from C$14.00 to C$13.00 in a research report on Thursday, January 30th. Finally, Stifel Nicolaus set a C$22.50 price objective on Aya Gold & Silver and gave the company a “buy” rating in a research note on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$20.59.

Aya Gold & Silver Stock Performance

Shares of AYA opened at C$8.86 on Thursday. The company has a market capitalization of C$819.30 million, a price-to-earnings ratio of 104.67 and a beta of 1.40. Aya Gold & Silver has a 52-week low of C$8.53 and a 52-week high of C$19.56. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. The stock has a 50 day moving average price of C$11.84 and a 200 day moving average price of C$13.61.

Insider Buying and Selling

In other news, Senior Officer Alex Ball sold 20,000 shares of the business’s stock in a transaction dated Monday, January 20th. The shares were sold at an average price of C$12.08, for a total transaction of C$241,600.00. Corporate insiders own 10.18% of the company’s stock.

Aya Gold & Silver Company Profile

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.