Aya Gold & Silver (TSE:AYA) Reaches New 1-Year High – Should You Buy?

Aya Gold & Silver Inc. (TSE:AYA)’s share price reached a new 52-week high on Monday . The stock traded as high as C$38.40 and last traded at C$38.25, with a volume of 353951 shares changing hands. The stock had previously closed at C$37.88.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Thursday, April 23rd. Desjardins set a C$38.00 target price on Aya Gold & Silver and gave the company a “buy” rating in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$30.58.

Aya Gold & Silver Stock Performance

The firm has a market cap of C$5.54 billion, a PE ratio of 64.37 and a beta of 3.09. The company has a 50 day simple moving average of C$27.81 and a 200-day simple moving average of C$25.29. The company has a debt-to-equity ratio of 21.87, a current ratio of 2.22 and a quick ratio of 3.28.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings results on Thursday, May 14th. The company reported C$0.46 EPS for the quarter. The firm had revenue of C$163.04 million for the quarter. Aya Gold & Silver had a net margin of 30.38% and a return on equity of 20.80%. As a group, equities research analysts anticipate that Aya Gold & Silver Inc. will post 0.6384455 EPS for the current year.

About Aya Gold & Silver

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault – one of Africa’s most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.