Aya Gold & Silver (TSE:AYA) Hits New 52-Week High Following Analyst Upgrade

Aya Gold & Silver Inc. (TSE:AYA)’s stock price hit a new 52-week high during trading on Thursday after Cormark raised their price target on the stock from C$12.50 to C$15.00. The stock traded as high as C$14.20 and last traded at C$14.14, with a volume of 326187 shares changing hands. The stock had previously closed at C$13.27.

AYA has been the subject of a number of other research reports. Raymond James raised their target price on shares of Aya Gold & Silver from C$10.50 to C$13.25 in a research note on Friday, January 12th. Eight Capital lifted their price target on shares of Aya Gold & Silver from C$17.00 to C$22.00 in a report on Tuesday. Stifel Nicolaus decreased their price target on shares of Aya Gold & Silver from C$16.00 to C$14.00 in a report on Monday, April 1st. Finally, National Bankshares lifted their target price on shares of 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 Performance

The company has a market cap of C$1.83 billion, a P/E ratio of 469.33 and a beta of 1.36. The company’s 50-day moving average is C$11.22 and its two-hundred day moving average is C$9.82. 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 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.