National Bankshares Lowers Aya Gold & Silver (TSE:AYA) Price Target to C$23.00

Aya Gold & Silver (TSE:AYA - Get Free Report) had its price objective dropped by stock analysts at National Bankshares from C$24.00 to C$23.00 in a research note issued on Wednesday, BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. National Bankshares' price target indicates a potential upside of 24.32% from the company's previous close.

Several other brokerages have also recently weighed in on AYA. Stifel Nicolaus boosted their target price on Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday. Desjardins boosted their price objective on Aya Gold & Silver from C$21.00 to C$26.00 and gave the stock a "buy" rating in a research note on Monday, July 22nd. Eight Capital lifted their price target on Aya Gold & Silver from C$22.00 to C$26.00 in a report on Thursday, July 11th. Finally, BMO Capital Markets set a C$21.50 price target on shares of Aya Gold & Silver and gave the company an "outperform" rating in a research report on Monday, July 22nd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Aya Gold & Silver has an average rating of "Buy" and an average target price of C$21.64.

Aya Gold & Silver Price Performance

Shares of TSE:AYA traded down C$0.73 during trading on Wednesday, reaching C$18.50. The stock had a trading volume of 429,597 shares, compared to its average volume of 402,862. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. Aya Gold & Silver has a 1-year low of C$6.73 and a 1-year high of C$19.56. The stock has a market cap of C$2.41 billion, a PE ratio of 205.56 and a beta of 1.40. The business has a fifty day moving average price of C$16.35 and a 200-day moving average price of C$14.90.

Aya Gold & Silver (TSE:AYA - Get Free Report) last announced its earnings results on Wednesday, August 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.01 by C$0.06. The company had revenue of C$18.72 million for the quarter. Aya Gold & Silver had a net margin of 22.31% and a return on equity of 3.70%. On average, equities analysts forecast that Aya Gold & Silver will post 0.6384455 earnings per share for the current fiscal year.

About Aya Gold & Silver

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.