National Bank Financial Has Lowered Expectations for Aya Gold & Silver (TSE:AYA) Stock Price

Aya Gold & Silver (TSE:AYA) had its price target lowered by investment analysts at National Bank Financial from C$29.00 to C$25.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price objective would suggest a potential downside of 9.09% from the stock’s current price.

Several other brokerages have also weighed in on AYA. Stifel Nicolaus increased their price objective on shares of Aya Gold & Silver from C$31.50 to C$39.00 in a research report on Tuesday, February 10th. Desjardins raised their price target on Aya Gold & Silver from C$30.00 to C$32.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Canadian Imperial Bank of Commerce boosted their price target on Aya Gold & Silver from C$30.00 to C$35.00 in a report on Wednesday, February 4th. Finally, BMO Capital Markets lowered their price objective on shares of Aya Gold & Silver from C$33.00 to C$29.00 in a research report on Wednesday, January 14th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$27.25.

Aya Gold & Silver Stock Up 0.8%

Shares of TSE:AYA traded up C$0.23 during trading on Wednesday, hitting C$27.50. 895,328 shares of the company’s stock traded hands, compared to its average volume of 1,946,208. The company has a current ratio of 2.06, a quick ratio of 3.28 and a debt-to-equity ratio of 34.69. The company has a market cap of C$3.90 billion, a price-to-earnings ratio of -916.67 and a beta of 2.09. The company has a 50-day moving average price of C$22.60 and a 200-day moving average price of C$17.99. Aya Gold & Silver has a 52 week low of C$8.52 and a 52 week high of C$30.15.

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.