Zacks Research Upgrades Aya Gold & Silver (NASDAQ:AYA) to Strong-Buy

Aya Gold & Silver (NASDAQ:AYA) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Several other research firms also recently issued reports on AYA. Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, May 20th. Weiss Ratings lowered shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Finally, Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Aya Gold & Silver Stock Performance

NASDAQ AYA opened at $20.04 on Monday. Aya Gold & Silver has a one year low of $15.84 and a one year high of $21.99. The company has a market capitalization of $2.88 billion and a P/E ratio of 60.73.

Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.