Aya Gold & Silver Inc. (TSE:AYA) Receives Consensus Rating of “Buy” from Brokerages

Shares of Aya Gold & Silver Inc. (TSE:AYA) have been given an average rating of “Buy” by the eight research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$20.97.

A number of analysts have recently issued reports on the company. Stifel Nicolaus set a C$22.50 target price on Aya Gold & Silver and gave the company a “buy” rating in a report on Wednesday, March 19th. Stifel Canada upgraded Aya Gold & Silver to a “strong-buy” rating in a research report on Wednesday, March 19th. Cormark dropped their target price on Aya Gold & Silver from C$14.00 to C$13.00 in a report on Thursday, January 30th. Desjardins decreased their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating for the company in a report on Thursday, February 13th. Finally, National Bankshares dropped their price objective on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th.

Insider Activity at Aya Gold & Silver

In other news, Senior Officer Alex Ball sold 30,000 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of C$12.00, for a total transaction of C$360,000.00. Also, Director Benoit La Salle sold 64,244 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total value of C$724,145.52. Over the last quarter, insiders have sold 152,835 shares of company stock valued at $1,761,507. 10.18% of the stock is currently owned by corporate insiders.

Aya Gold & Silver Stock Down 3.6 %

Shares of TSE:AYA opened at C$12.44 on Thursday. The firm has a 50 day simple moving average of C$11.98 and a 200 day simple moving average of C$13.79. Aya Gold & Silver has a 52 week low of C$10.12 and a 52 week high of C$19.56. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. The company has a market cap of C$1.15 billion, a PE ratio of 146.97 and a beta of 1.40.

About Aya Gold & Silver

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.