Aya Gold & Silver (TSE:AYA) Given a C$24.00 Price Target by CIBC Analysts

CIBC set a C$24.00 target price on Aya Gold & Silver (TSE:AYA) in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other research analysts also recently commented on AYA. National Bankshares dropped their price objective on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. Cormark downgraded shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and dropped their price objective for the company from C$20.00 to C$14.00 in a research note on Friday, November 15th. Stifel Nicolaus upped their price objective on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. Finally, Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$21.81.

Aya Gold & Silver Trading Up 5.1 %

Shares of AYA stock opened at C$13.41 on Friday. Aya Gold & Silver has a twelve month low of C$8.57 and a twelve month high of C$19.56. The firm has a 50-day moving average price of C$16.91 and a 200 day moving average price of C$15.34. The company has a current ratio of 2.66, a quick ratio of 3.28 and a debt-to-equity ratio of 36.42. The company has a market capitalization of C$1.75 billion, a price-to-earnings ratio of 149.00 and a beta of 1.40.

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.