Aya Gold & Silver (TSE:AYA) Sets New 52-Week 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$31.51 and last traded at C$31.13, with a volume of 830203 shares changing hands. The stock had previously closed at C$27.54.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Desjardins set a C$38.00 target price on shares of Aya Gold & Silver and gave the company a “buy” rating in a research note on Monday, July 27th. Scotiabank raised Aya Gold & Silver to a “strong-buy” rating in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$30.58.

Aya Gold & Silver Stock Down 1.4%

The firm has a 50-day moving average price of C$27.46 and a 200 day moving average price of C$25.10. The company has a debt-to-equity ratio of 21.87, a current ratio of 2.22 and a quick ratio of 3.28. The company has a market cap of C$4.96 billion, a price-to-earnings ratio of 57.72 and a beta of 3.09.

Aya Gold & Silver (TSE:AYA) last released its quarterly earnings results on Thursday, May 14th. The company reported C$0.46 earnings per share (EPS) for the quarter. The business had revenue of C$163.04 million during the quarter. Aya Gold & Silver had a return on equity of 20.80% and a net margin of 30.38%. Sell-side 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.