Aya Gold & Silver (TSE:AYA) Hits New 1-Year Low – Here’s What Happened

Shares of Aya Gold & Silver Inc. (TSE:AYA) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$8.52 and last traded at C$8.60, with a volume of 645675 shares trading hands. The stock had previously closed at C$8.68.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Cormark lowered their price objective on Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. Stifel Canada raised Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, March 19th. Stifel Nicolaus increased their price objective on shares of Aya Gold & Silver from C$22.50 to C$23.00 in a research note on Monday, April 21st. CIBC dropped their target price on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating for the company in a research report on Monday, March 31st. Finally, Scotiabank set a C$19.00 price objective on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$20.91.

Aya Gold & Silver Stock Up 1.7 %

The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. The company has a market capitalization of C$816.52 million, a P/E ratio of 104.32 and a beta of 1.40. The stock has a 50 day moving average price of C$11.10 and a 200 day moving average price of C$12.54.

Aya Gold & Silver Company Profile

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.