National Bankshares Issues Pessimistic Forecast for Aya Gold & Silver (TSE:AYA) Stock Price

Aya Gold & Silver (TSE:AYA) had its price target decreased by National Bankshares from C$21.75 to C$21.25 in a research report report published on Thursday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

AYA has been the topic of a number of other research reports. Cormark downgraded Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and lowered their price target for the company from C$20.00 to C$14.00 in a report on Friday, November 15th. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Stifel Nicolaus decreased their price target on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. CIBC set a C$24.00 price objective on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday, November 22nd. Finally, Cibc World Mkts upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Friday, November 22nd. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Aya Gold & Silver presently has an average rating of “Buy” and a consensus target price of C$21.50.

Aya Gold & Silver Stock Up 3.8 %

Shares of TSE:AYA opened at C$11.62 on Thursday. The firm has a 50 day simple moving average of C$13.03 and a 200 day simple moving average of C$14.79. Aya Gold & Silver has a 52 week low of C$9.40 and a 52 week high of C$19.56. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. The company has a market cap of C$1.52 billion, a PE ratio of 129.11 and a beta of 1.40.

Insider Activity

In related news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of C$11.29, for a total value of C$435,761.85. Also, Director Benoit La Salle sold 64,244 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$11.27, for a total transaction of C$724,145.52. 10.18% of the stock is owned by 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.