Aya Gold & Silver (TSE:AYA) Price Target Lowered to C$23.00 at Desjardins

Aya Gold & Silver (TSE:AYA - Get Free Report) had its target price dropped by research analysts at Desjardins from C$24.00 to C$23.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. Desjardins' price target would suggest a potential upside of 96.58% from the stock's current price.

A number of other equities analysts have also recently weighed in on AYA. Cormark dropped their price target on Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. CIBC set a C$24.00 price target on shares of Aya Gold & Silver and gave the company 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 cut their target price 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 target price on Aya Gold & Silver from C$23.00 to C$22.25 in a research report on Monday, November 25th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Aya Gold & Silver has an average rating of "Buy" and a consensus price target of C$20.94.

Aya Gold & Silver Price Performance

AYA traded down C$0.39 during trading on Thursday, reaching C$11.70. The stock had a trading volume of 984,481 shares, compared to its average volume of 701,185. The stock has a 50 day moving average of C$11.67 and a two-hundred day moving average of C$14.28. The firm has a market capitalization of C$1.08 billion, a price-to-earnings ratio of 138.23 and a beta of 1.40. Aya Gold & Silver has a 1-year low of C$9.45 and a 1-year 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.

Insider Transactions at Aya Gold & Silver

In related news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of C$11.29, for a total value of C$435,761.85. Also, Director Benoit La Salle sold 64,244 shares of the company's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$11.27, for a total transaction of C$724,145.52. Insiders have sold a total of 152,835 shares of company stock worth $1,761,507 in the last 90 days. 10.18% of the stock is owned by insiders.

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.