Aya Gold & Silver (TSE:AYA) Price Target Raised to C$22.00 at Eight Capital

Aya Gold & Silver (TSE:AYA) had its price target lifted by equities research analysts at Eight Capital from C$17.00 to C$22.00 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. Eight Capital’s price objective indicates a potential upside of 65.79% from the company’s current price.

Several other research firms also recently weighed in on AYA. Stifel Nicolaus reduced their target price on Aya Gold & Silver from C$16.00 to C$14.00 in a research report on Monday, April 1st. Raymond James increased their target price on Aya Gold & Silver from C$10.50 to C$13.25 in a research report on Friday, January 12th. Finally, National Bankshares increased their target price on Aya Gold & Silver from C$14.00 to C$14.50 and gave the stock an “outperform” rating in a research report on Tuesday, February 6th.

Aya Gold & Silver Stock Down 0.1 %

Shares of TSE:AYA opened at C$13.27 on Tuesday. The company has a quick ratio of 3.28, a current ratio of 1.72 and a debt-to-equity ratio of 26.11. Aya Gold & Silver has a 52-week low of C$6.58 and a 52-week high of C$14.01. The stock’s fifty day simple moving average is C$11.14 and its 200-day simple moving average is C$9.79. The company has a market capitalization of C$1.73 billion, a P/E ratio of 442.33 and a beta of 1.36.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of precious metal properties in Morocco. The company primarily explores for gold, silver, zinc, lead, tungsten, molybdenum, uranium, and copper 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.