Cormark Has Lowered Expectations for Aya Gold & Silver (TSE:AYA) Stock Price

Aya Gold & Silver (TSE:AYA) had its price target cut by Cormark from C$14.00 to C$13.00 in a research report sent to investors on Thursday,BayStreet.CA reports. Cormark also issued estimates for Aya Gold & Silver’s FY2025 earnings at $0.62 EPS.

A number of other research firms also recently issued reports on AYA. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. CIBC set a C$24.00 price objective on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a report on Friday, November 22nd. Stifel Nicolaus lowered their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. Cibc World Mkts upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a report on Friday, November 22nd. Finally, National Bankshares lowered their price objective on shares of Aya Gold & Silver from C$21.75 to C$21.25 and set an “outperform” rating on the stock in a report on Thursday, January 9th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Aya Gold & Silver currently has an average rating of “Buy” and a consensus price target of C$21.38.

Aya Gold & Silver Stock Up 4.2 %

Aya Gold & Silver stock opened at C$11.77 on Thursday. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42. Aya Gold & Silver has a 12-month low of C$9.40 and a 12-month high of C$19.56. The firm’s fifty day moving average is C$11.96 and its 200 day moving average is C$14.52. The company has a market capitalization of C$1.54 billion, a PE ratio of 130.78 and a beta of 1.40.

Insider Activity at Aya Gold & Silver

In other Aya Gold & Silver news, Director Benoit La Salle sold 64,244 shares of the 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 stock in a transaction dated Monday, January 20th. The stock was sold at an average price of C$12.08, for a total transaction of C$241,600.00. Over the last 90 days, insiders sold 152,835 shares of company stock worth $1,761,507. 10.18% of the stock is owned by company insiders.

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.