Aya Gold & Silver (TSE:AYA) Reaches New 1-Year High - Here's Why

Aya Gold & Silver Inc. (TSE:AYA - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$19.23 and last traded at C$18.80, with a volume of 86085 shares trading hands. The stock had previously closed at C$18.78.

Analysts Set New Price Targets

Several equities research analysts have commented on AYA shares. National Bankshares cut their target price on Aya Gold & Silver from C$22.00 to C$21.75 and set an "outperform" rating on the stock in a research note on Wednesday, July 17th. Stifel Nicolaus boosted their target price on Aya Gold & Silver from C$18.00 to C$18.50 in a research note on Thursday, August 15th. BMO Capital Markets set a C$21.50 target price on Aya Gold & Silver and gave the company an "outperform" rating in a research note on Monday, July 22nd. Desjardins boosted their target price on Aya Gold & Silver from C$21.00 to C$26.00 and gave the company a "buy" rating in a research note on Monday, July 22nd. Finally, Eight Capital boosted their price target on Aya Gold & Silver from C$22.00 to C$26.00 in a research report on Thursday, July 11th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of C$20.82.

Aya Gold & Silver Trading Down 0.9 %

The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. The business has a fifty day simple moving average of C$15.80 and a 200 day simple moving average of C$14.65. The stock has a market capitalization of C$2.43 billion, a price-to-earnings ratio of 207.56 and a beta of 1.40.

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, topping the consensus estimate of C$0.01 by C$0.06. Aya Gold & Silver had a return on equity of 3.70% and a net margin of 22.31%. The business had revenue of C$18.72 million during the quarter. As a group, research analysts expect that Aya Gold & Silver Inc. will post 0.6384455 EPS for the current year.

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.