National Bankshares Raises Aya Gold & Silver (TSE:AYA) Price Target to C$22.00

Aya Gold & Silver (TSE:AYA) had its price objective increased by investment analysts at National Bankshares from C$18.25 to C$22.00 in a report released on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 50.17% from the stock’s current price.

A number of other equities research analysts also recently commented on AYA. Stifel Nicolaus lifted their target price on Aya Gold & Silver from C$15.75 to C$16.00 and gave the stock a “buy” rating in a report on Thursday, May 16th. Eight Capital upped their price objective on shares of Aya Gold & Silver from C$17.00 to C$22.00 in a report on Tuesday, April 16th. Cormark raised their target price on shares of Aya Gold & Silver from C$12.50 to C$15.00 in a report on Wednesday, April 17th. Finally, Raymond James upped their price target on shares of Aya Gold & Silver from C$13.25 to C$17.00 in a report on Tuesday, April 23rd.

Aya Gold & Silver Stock Performance

AYA stock traded down C$0.81 during trading on Wednesday, reaching C$14.65. The company had a trading volume of 270,691 shares, compared to its average volume of 370,743. The company has a debt-to-equity ratio of 26.11, a quick ratio of 3.28 and a current ratio of 1.72. Aya Gold & Silver has a twelve month low of C$6.58 and a twelve month high of C$15.94. The company has a market cap of C$1.91 billion, a price-to-earnings ratio of 1,467.00 and a beta of 1.34. The firm has a 50-day simple moving average of C$13.15 and a 200-day simple moving average of C$10.98.

Aya Gold & Silver (TSE:AYA) last announced its quarterly earnings data on Thursday, March 28th. The company reported C$0.04 earnings per share for the quarter, beating analysts’ consensus estimates of C($0.01) by C$0.05. The firm had revenue of C$15.07 million for the quarter. Aya Gold & Silver had a net margin of 12.85% and a return on equity of 3.00%. As a group, sell-side analysts expect that Aya Gold & Silver will post 0.0963569 earnings per share for the current year.

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.