Aya Gold & Silver (TSE:AYA) Hits New 12-Month High – Should You Buy?

Shares of Aya Gold & Silver Inc. (TSE:AYA) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$42.63 and last traded at C$42.60, with a volume of 737081 shares changing hands. The stock had previously closed at C$40.24.

Wall Street Analyst Weigh In

AYA has been the subject of a number of research reports. National Bank Financial raised their target price on shares of Aya Gold & Silver from C$41.00 to C$43.00 and gave the stock an “outperform” rating in a research note on Thursday, August 20th. Raymond James Financial lifted their price objective on shares of Aya Gold & Silver from C$32.00 to C$45.00 and gave the company an “outperform” rating in a research note on Thursday, September 10th. BMO Capital Markets boosted their target price on Aya Gold & Silver from C$41.00 to C$46.00 and gave the stock an “outperform” rating in a research note on Thursday, September 10th. Desjardins increased their price target on Aya Gold & Silver from C$38.00 to C$55.00 and gave the company a “buy” rating in a research note on Thursday, August 27th. Finally, Stifel Nicolaus lifted their target price on shares of Aya Gold & Silver from C$39.00 to C$56.00 and gave the stock a “buy” rating in a research report on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$48.83.

Aya Gold & Silver Stock Performance

The company has a debt-to-equity ratio of 17.63, a current ratio of 2.02 and a quick ratio of 3.28. The stock has a fifty day simple moving average of C$34.97 and a two-hundred day simple moving average of C$28.28. The firm has a market capitalization of C$6.13 billion, a P/E ratio of 55.27 and a beta of 3.30.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$0.33 EPS for the quarter. The business 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, research analysts predict that Aya Gold & Silver Inc. will post 0.6384455 EPS for the current year.

Aya Gold & Silver Company Profile

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.