Aya Gold & Silver (TSE:AYA) Stock Price Down 6.5%

Aya Gold & Silver Inc. (TSE:AYA)’s share price traded down 6.5% on Thursday . The stock traded as low as C$10.39 and last traded at C$11.66. 289,195 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 350,250 shares. The stock had previously closed at C$12.47.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Desjardins set a C$13.25 price objective on Aya Gold & Silver and gave the stock a “buy” rating in a research report on Friday, December 8th. Stifel Nicolaus raised their price target on Aya Gold & Silver from C$15.75 to C$16.00 in a research report on Friday, January 26th. National Bankshares raised their price target on Aya Gold & Silver from C$14.00 to C$14.50 and gave the stock an “outperform” rating in a research report on Tuesday, February 6th. Finally, Raymond James raised their price target on Aya Gold & Silver from C$10.50 to C$13.25 in a research report on Friday, January 12th.

Aya Gold & Silver Stock Performance

The firm has a market capitalization of C$1.50 billion, a PE ratio of 415.67 and a beta of 1.33. The company has a quick ratio of 3.28, a current ratio of 2.01 and a debt-to-equity ratio of 15.91. The firm has a 50-day moving average price of C$10.55 and a 200 day moving average price of C$9.28.

About Aya Gold & Silver

Aya Gold & Silver Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of precious metal properties in Morocco. The company primarily explores for gold, silver, zinc, lead, tungsten, molybdenum, uranium, and copper 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.