Aya Gold & Silver (OTC:AYASF) Trading Down 2.6% – Here’s What Happened

Aya Gold & Silver Inc. (OTC:AYASF) fell 2.6% on Thursday . The company traded as low as $16.7165 and last traded at $16.98. 315,084 shares were traded during trading, a decline of 1% from the average session volume of 318,021 shares. The stock had previously closed at $17.44.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on AYASF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Aya Gold & Silver in a report on Wednesday, February 4th. Raymond James Financial reissued an “outperform” rating on shares of Aya Gold & Silver in a report on Wednesday, January 14th. Scotiabank reaffirmed an “outperform” rating on shares of Aya Gold & Silver in a research note on Monday, January 26th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Aya Gold & Silver in a research report on Wednesday, January 14th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Aya Gold & Silver presently has an average rating of “Buy”.

Aya Gold & Silver Stock Performance

The firm’s 50-day simple moving average is $17.56 and its 200-day simple moving average is $13.81.

About Aya Gold & Silver

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. The company was incorporated in 2007 and is based in Montreal, Canada.