BMO Capital Markets Cuts Aya Gold & Silver (TSE:AYA) Price Target to C$29.00

Aya Gold & Silver (TSE:AYA) had its price objective trimmed by BMO Capital Markets from C$33.00 to C$29.00 in a research report released on Wednesday morning,BayStreet.CA reports.

Several other brokerages have also recently issued reports on AYA. Cormark lifted their price objective on shares of Aya Gold & Silver from C$12.50 to C$17.50 in a research note on Tuesday, September 16th. CIBC raised their target price on shares of Aya Gold & Silver from C$27.00 to C$30.00 in a report on Tuesday. Desjardins lifted their price target on shares of Aya Gold & Silver from C$30.00 to C$32.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Finally, Stifel Nicolaus cut their price objective on Aya Gold & Silver from C$33.00 to C$31.50 and set a “buy” rating for the company in a research report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$24.94.

Aya Gold & Silver Price Performance

TSE:AYA opened at C$22.36 on Wednesday. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. The business’s 50-day moving average price is C$18.74 and its 200 day moving average price is C$15.78. Aya Gold & Silver has a 52-week low of C$8.52 and a 52-week high of C$25.24. The firm has a market cap of C$3.17 billion, a P/E ratio of -745.33 and a beta of 1.66.

About Aya Gold & Silver

Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.