National Bankshares Increases Aya Gold & Silver (TSE:AYA) Price Target to C$22.00

Aya Gold & Silver (TSE:AYA) had its price target increased by analysts at National Bankshares from C$18.25 to C$22.00 in a note issued to investors on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target suggests a potential upside of 56.58% from the company’s current price.

Several other equities research analysts also recently commented on the stock. Cormark boosted their target price on shares of Aya Gold & Silver from C$12.50 to C$15.00 in a research report on Wednesday, April 17th. Eight Capital boosted their target price on shares of Aya Gold & Silver from C$17.00 to C$22.00 in a research note on Tuesday, April 16th. Raymond James lifted their price objective on Aya Gold & Silver from C$13.25 to C$17.00 in a report on Tuesday, April 23rd. Finally, Stifel Nicolaus boosted their price objective on Aya Gold & Silver from C$15.75 to C$16.00 and gave the company a “buy” rating in a research note on Thursday, May 16th.

Aya Gold & Silver Trading Down 2.3 %

TSE:AYA opened at C$14.05 on Wednesday. The company has a debt-to-equity ratio of 26.11, a quick ratio of 3.28 and a current ratio of 1.72. The firm has a market cap of C$1.83 billion, a P/E ratio of 1,405.00 and a beta of 1.34. The firm’s fifty day moving average is C$13.28 and its 200-day moving average is C$11.03. Aya Gold & Silver has a 52 week low of C$6.58 and a 52 week high of C$15.94.

Aya Gold & Silver (TSE:AYA) last announced its quarterly earnings data on Thursday, March 28th. The company reported C$0.04 EPS for the quarter, topping the consensus estimate of C($0.01) by C$0.05. Aya Gold & Silver had a net margin of 12.85% and a return on equity of 3.00%. The company had revenue of C$15.07 million during the quarter. Equities analysts expect that Aya Gold & Silver will post 0.0963569 earnings per share for the current year.

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.