Edmond DE Rothschild Holding S.A. Purchases New Position in Aya Gold & Silver Inc. $AYA

Edmond DE Rothschild Holding S.A. acquired a new position in Aya Gold & Silver Inc. (NASDAQ:AYA) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 272,666 shares of the company’s stock, valued at approximately $5,145,000.

Several other institutional investors and hedge funds also recently bought and sold shares of AYA. BlackRock Inc. purchased a new position in Aya Gold & Silver in the 2nd quarter valued at approximately $502,000. Alberta Investment Management Corp purchased a new stake in shares of Aya Gold & Silver during the second quarter worth $663,000. Finally, Deutsche Bank AG purchased a new stake in shares of Aya Gold & Silver during the second quarter worth $26,946,000.

Analysts Set New Price Targets

AYA has been the subject of several recent research reports. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a research report on Friday, May 15th. Scotiabank raised Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, May 20th. Zacks Research upgraded Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Finally, Weiss Ratings downgraded Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy”.

Aya Gold & Silver Stock Up 9.0%

NASDAQ:AYA opened at $27.25 on Thursday. The firm has a 50-day simple moving average of $21.11. Aya Gold & Silver Inc. has a twelve month low of $15.84 and a twelve month high of $28.89. The stock has a market cap of $3.92 billion and a PE ratio of 48.66. The company has a current ratio of 2.02, a quick ratio of 1.70 and a debt-to-equity ratio of 0.11.

Aya Gold & Silver (NASDAQ:AYA) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.13). Aya Gold & Silver had a return on equity of 25.49% and a net margin of 32.92%. On average, equities research analysts expect that Aya Gold & Silver Inc. will post 1.12 EPS for the current fiscal year.

About Aya Gold & Silver

Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.