Aya Gold & Silver (TSE:AYA) Given a C$22.50 Price Target by Stifel Nicolaus Analysts

Aya Gold & Silver (TSE:AYA) received a C$22.50 price objective from equities researchers at Stifel Nicolaus in a note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective points to a potential upside of 68.29% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on AYA. Cormark lowered their price target on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a report on Thursday, January 30th. Cibc World Mkts upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Friday, November 22nd. National Bankshares reduced their price target on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Desjardins reduced their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a research report on Thursday, February 13th. Finally, CIBC set a C$24.00 price target on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday, November 22nd. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$20.97.

Aya Gold & Silver Stock Performance

AYA traded down C$0.23 during trading on Wednesday, hitting C$13.37. 566,319 shares of the company traded hands, compared to its average volume of 776,056. The firm has a market cap of C$1.24 billion, a P/E ratio of 157.95 and a beta of 1.40. The stock’s fifty day moving average is C$11.82 and its 200 day moving average is C$13.84. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. Aya Gold & Silver has a one year low of C$10.12 and a one year high of C$19.56.

Insider Buying and Selling at Aya Gold & Silver

In related news, Director Benoit La Salle sold 64,244 shares of Aya Gold & Silver stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of C$11.27, for a total value of C$724,145.52. Also, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of Aya Gold & Silver stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of C$11.29, for a total value of C$435,761.85. Over the last 90 days, insiders sold 152,835 shares of company stock valued at $1,761,507. 10.18% of the stock is currently owned by company insiders.

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.