Aya Gold & Silver (TSE:AYA) Price Target Raised to C$43.00

Aya Gold & Silver (TSE:AYA) had its target price increased by National Bank Financial from C$41.00 to C$43.00 in a research note published on Thursday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

AYA has been the subject of several other reports. BMO Capital Markets boosted their price objective on shares of Aya Gold & Silver from C$36.00 to C$41.00 in a research report on Friday, August 14th. Desjardins set a C$38.00 target price on Aya Gold & Silver and gave the company a “buy” rating in a report on Monday, July 27th. Canadian Imperial Bank of Commerce lifted their price target on Aya Gold & Silver from C$35.00 to C$41.50 in a research note on Friday, August 14th. Finally, Scotiabank raised Aya Gold & Silver to a “strong-buy” rating in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$36.67.

Aya Gold & Silver Price Performance

AYA stock opened at C$36.66 on Thursday. The company has a quick ratio of 3.28, a current ratio of 2.02 and a debt-to-equity ratio of 17.63. Aya Gold & Silver has a 12 month low of C$11.75 and a 12 month high of C$40.16. The firm has a market cap of C$5.28 billion, a P/E ratio of 47.59 and a beta of 3.09. The company’s 50-day moving average price is C$30.12 and its two-hundred day moving average price is C$26.11.

Aya Gold & Silver (TSE:AYA) last issued its quarterly earnings results on Thursday, August 13th. The company reported C$0.33 earnings per share for the quarter. The company had revenue of C$137.52 million during the quarter. Aya Gold & Silver had a net margin of 32.72% and a return on equity of 25.26%. On average, analysts anticipate that Aya Gold & Silver will post 0.6384455 earnings per share for the current fiscal year.

About Aya Gold & Silver

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault – one of Africa’s most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.