Aya Gold & Silver (TSE:AYA) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Aya Gold & Silver (TSE:AYA) had its target price hoisted by equities researchers at BMO Capital Markets from C$36.00 to C$41.00 in a research note issued on Friday,BayStreet.CA reports. BMO Capital Markets’ price target indicates a potential upside of 14.88% from the company’s current price.

Other analysts also recently issued reports about the company. Scotiabank raised Aya Gold & Silver to a “strong-buy” rating in a research note on Thursday, April 23rd. Desjardins set a C$38.00 price target on shares of Aya Gold & Silver and gave the company a “buy” rating in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$33.67.

Aya Gold & Silver Price Performance

Shares of Aya Gold & Silver stock traded down C$1.75 on Friday, hitting C$35.69. 859,349 shares of the company were exchanged, compared to its average volume of 1,517,409. The company has a quick ratio of 3.28, a current ratio of 2.22 and a debt-to-equity ratio of 21.87. The company has a 50-day moving average price of C$28.63 and a 200 day moving average price of C$25.66. The stock has a market capitalization of C$5.12 billion, a price-to-earnings ratio of 59.48 and a beta of 3.09. Aya Gold & Silver has a 1-year low of C$11.45 and a 1-year high of C$40.16.

Aya Gold & Silver (TSE:AYA) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$0.33 EPS for the quarter. Aya Gold & Silver had a return on equity of 20.80% and a net margin of 30.38%.The firm had revenue of C$137.52 million during the quarter. As a group, sell-side analysts predict that Aya Gold & Silver will post 0.6384455 earnings per share for the current fiscal year.

Aya Gold & Silver Company Profile

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.