Cormark lowered shares of Aya Gold & Silver (TSE:AYA - Free Report) from a speculative buy rating to a market perform rating in a research note published on Friday morning, Marketbeat reports. Cormark currently has C$14.00 price objective on the stock, down from their previous price objective of C$20.00. Cormark also issued estimates for Aya Gold & Silver's FY2024 earnings at $0.00 EPS.
Several other research firms have also weighed in on AYA. National Bankshares reduced their price objective on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an "outperform" rating for the company in a research report on Wednesday, October 23rd. Desjardins upgraded shares of Aya Gold & Silver to a "moderate buy" rating in a research report on Thursday, October 31st. BMO Capital Markets set a C$21.50 price objective on Aya Gold & Silver and gave the company an "outperform" rating in a research report on Monday, July 22nd. Finally, Stifel Nicolaus lifted their target price on Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday, October 21st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$21.50.
View Our Latest Stock Analysis on AYA
Aya Gold & Silver Price Performance
TSE AYA traded up C$0.92 on Friday, reaching C$12.72. 1,942,600 shares of the stock traded hands, compared to its average volume of 427,512. Aya Gold & Silver has a 12 month low of C$8.33 and a 12 month high of C$19.56. The company has a market cap of C$1.66 billion, a price-to-earnings ratio of 141.33 and a beta of 1.40. The firm's fifty day simple moving average is C$16.98 and its 200 day simple moving average is C$15.35. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42.
Aya Gold & Silver (TSE:AYA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported C$0.07 earnings per share for the quarter, beating the consensus estimate of C$0.01 by C$0.06. The business had revenue of C$18.72 million during the quarter. Aya Gold & Silver had a return on equity of 3.70% and a net margin of 22.31%. As a group, research analysts predict that Aya Gold & Silver will post 0.6384455 EPS for the current fiscal year.
About Aya Gold & Silver
(
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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.
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