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

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

A number of other equities analysts have also recently commented on AYA. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. Cormark cut 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. 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 on the stock in a research note on Wednesday, October 23rd. Finally, Stifel Nicolaus boosted 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. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$21.81.

Aya Gold & Silver Stock Performance

Shares of Aya Gold & Silver stock opened at C$13.41 on Friday. The firm’s fifty day simple moving average is C$16.91 and its 200-day simple moving average is C$15.34. The stock 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 has a 12 month low of C$8.57 and a 12 month high of C$19.56. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28.

About Aya Gold & Silver

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.