Aya Gold & Silver (TSE:AYA) Trading 5% Higher – What’s Next?

Aya Gold & Silver Inc. (TSE:AYA)’s stock price shot up 5% during mid-day trading on Tuesday . The stock traded as high as C$13.17 and last traded at C$13.00. 179,648 shares traded hands during trading, a decline of 76% from the average session volume of 752,686 shares. The stock had previously closed at C$12.38.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on AYA shares. National Bankshares lowered their price target on Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Desjardins lowered their price objective 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. Cibc World Mkts raised shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. Stifel Nicolaus set a C$22.50 price objective on Aya Gold & Silver and gave the stock a “buy” rating in a report on Wednesday. Finally, Cormark lowered their price target on Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Aya Gold & Silver presently has an average rating of “Buy” and an average target price of C$20.97.

Aya Gold & Silver Stock Down 2.3 %

The firm has a market capitalization of C$1.23 billion, a price-to-earnings ratio of 157.01 and a beta of 1.40. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. The business’s 50 day moving average is C$11.86 and its 200-day moving average is C$13.83.

Insider Transactions at Aya Gold & Silver

In other news, Director Benoit La Salle sold 64,244 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total transaction of C$724,145.52. Also, Senior Officer Alex Ball sold 20,000 shares of the company’s stock in a transaction dated Monday, January 20th. The shares were sold at an average price of C$12.08, for a total transaction of C$241,600.00. Over the last quarter, insiders have sold 152,835 shares of company stock worth $1,761,507. Insiders own 10.18% of the company’s stock.

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.