Aya Gold & Silver (TSE:AYA) Hits New 52-Week High – What’s Next?

Aya Gold & Silver Inc. (TSE:AYA)’s stock price reached a new 52-week high on Monday . The company traded as high as C$30.15 and last traded at C$29.41, with a volume of 1037761 shares traded. The stock had previously closed at C$27.03.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AYA. BMO Capital Markets lowered their price target on shares of Aya Gold & Silver from C$33.00 to C$29.00 in a research report on Wednesday, January 14th. Desjardins lifted their target price on shares of Aya Gold & Silver from C$30.00 to C$32.00 and gave the company a “buy” rating in a report on Thursday, December 18th. CIBC upped their price target on Aya Gold & Silver from C$27.00 to C$30.00 in a research note on Tuesday, January 13th. Finally, Stifel Nicolaus reduced 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. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$24.94.

Aya Gold & Silver Trading Up 0.9%

The stock has a market cap of C$3.87 billion, a PE ratio of -909.33 and a beta of 1.66. 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 stock’s fifty day moving average price is C$19.70 and its 200 day moving average price is C$16.28.

Aya Gold & Silver Company Profile

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.