Aya Gold & Silver (TSE:AYA) Price Target Raised to C$43.00 at National Bank Financial

Aya Gold & Silver (TSE:AYA) had its price objective upped by equities researchers at National Bank Financial from C$41.00 to C$43.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 15.68% from the company’s current price.

Several other equities research analysts have also recently weighed in on the company. BMO Capital Markets increased their price objective on Aya Gold & Silver from C$36.00 to C$41.00 in a report on Friday, August 14th. Canadian Imperial Bank of Commerce boosted their target price on Aya Gold & Silver from C$35.00 to C$41.50 in a research note on Friday, August 14th. Desjardins set a C$38.00 target price on Aya Gold & Silver and gave the company a “buy” rating in a report on Monday, July 27th. Finally, Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$36.67.

Aya Gold & Silver Trading Down 1.1%

Shares of TSE:AYA traded down C$0.41 during midday trading on Thursday, hitting C$37.17. 518,458 shares of the stock traded hands, compared to its average volume of 1,506,159. The stock has a market capitalization of C$5.35 billion, a PE ratio of 61.95 and a beta of 3.09. The business’s 50 day moving average is C$29.66 and its two-hundred day moving average is C$25.93. The company has a quick ratio of 3.28, a current ratio of 2.02 and a debt-to-equity ratio of 17.63. Aya Gold & Silver has a one year low of C$11.69 and a one year high of C$40.16.

Aya Gold & Silver (TSE:AYA) last posted its earnings results on Thursday, August 13th. The company reported C$0.33 earnings per share (EPS) for the quarter. Aya Gold & Silver had a return on equity of 25.26% and a net margin of 32.72%.The company had revenue of C$137.52 million for the quarter. As a group, research analysts forecast that Aya Gold & Silver will post 0.6384455 earnings per share 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.