Aya Gold & Silver (TSE:AYA) Sets New 12-Month High – Still a Buy?

Aya Gold & Silver Inc. (TSE:AYA)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$30.16 and last traded at C$30.04, with a volume of 478391 shares changing hands. The stock had previously closed at C$29.53.

Analysts Set New Price Targets

Several equities analysts recently commented on AYA shares. Scotiabank raised shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Thursday, April 23rd. National Bank Financial decreased their price objective on shares of Aya Gold & Silver from C$29.00 to C$25.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Finally, Desjardins set a C$37.00 price target on shares of Aya Gold & Silver and gave the stock a “buy” rating in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$27.88.

Aya Gold & Silver Stock Up 3.0%

The business’s 50 day moving average is C$25.18 and its 200-day moving average is C$23.14. The stock has a market cap of C$4.36 billion, a price-to-earnings ratio of 50.68 and a beta of 2.93. The company has a debt-to-equity ratio of 21.87, a quick ratio of 3.28 and a current ratio of 2.22.

Aya Gold & Silver (TSE:AYA) last announced its quarterly earnings data on Thursday, May 14th. The company reported C$0.46 earnings per share for the quarter. The company had revenue of C$163.05 million for the quarter. Aya Gold & Silver had a return on equity of 20.80% and a net margin of 30.38%. On average, sell-side analysts predict that Aya Gold & Silver Inc. will post 0.6384455 EPS for the current fiscal year.

About Aya Gold & Silver

Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.