Aya Gold & Silver (TSE:AYA - Get Free Report) had its target price decreased by equities research analysts at CIBC from C$23.00 to C$22.00 in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. CIBC's target price indicates a potential upside of 148.31% from the company's previous close.
A number of other equities research analysts have also recently commented on the stock. Stifel Canada upgraded shares of Aya Gold & Silver to a "strong-buy" rating in a report on Wednesday, March 19th. National Bankshares decreased their target price on Aya Gold & Silver from C$21.25 to C$20.75 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. Stifel Nicolaus set a C$22.50 price target on shares of Aya Gold & Silver and gave the company a "buy" rating in a report on Wednesday, March 19th. Desjardins reduced their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a "buy" rating for the company in a research note on Thursday, February 13th. Finally, Cormark lowered their price objective on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a research report on Thursday, January 30th. One analyst has rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Aya Gold & Silver has an average rating of "Buy" and a consensus target price of C$20.59.
Check Out Our Latest Stock Report on AYA
Aya Gold & Silver Stock Down 10.3 %
TSE:AYA traded down C$1.02 during trading hours on Monday, reaching C$8.86. 1,446,042 shares of the company traded hands, compared to its average volume of 830,312. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. The business's 50-day moving average price is C$11.89 and its two-hundred day moving average price is C$13.67. Aya Gold & Silver has a 1 year low of C$8.53 and a 1 year high of C$19.56. The stock has a market capitalization of C$819.30 million, a P/E ratio of 104.67 and a beta of 1.40.
Insider Buying and Selling
In related news, Senior Officer Alex Ball sold 20,000 shares of the firm's stock in a transaction on Monday, January 20th. The stock was sold at an average price of C$12.08, for a total value of C$241,600.00. 10.18% of the stock is currently owned by insiders.
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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