Aya Gold & Silver (TSE:AYA) Price Target Raised to C$41.50 at Canadian Imperial Bank of Commerce

Aya Gold & Silver (TSE:AYA – Get Free Report) had its target price hoisted by Canadian Imperial Bank of Commerce from C$35.00 to C$41.50 in a research note issued to investors on Friday,BayStreet.CA reports. Canadian Imperial Bank of Commerce’s target price would indicate a potential upside of 16.28% from the company’s previous close.

A number of other research firms also recently weighed in on AYA. BMO Capital Markets raised their price target on shares of Aya Gold & Silver from C$36.00 to C$41.00 in a report on Friday. Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a report on Thursday, April 23rd. Finally, Desjardins set a C$38.00 target price on shares of Aya Gold & Silver and gave the stock 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. According to MarketBeat.com, Aya Gold & Silver presently has an average rating of “Buy” and a consensus target price of C$33.67.

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Aya Gold & Silver Stock Down 4.7%

Shares of TSE:AYA traded down C$1.75 during midday trading on Friday, hitting C$35.69. 859,349 shares of the stock were exchanged, compared to its average volume of 1,517,409. 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 has a 52-week low of C$11.45 and a 52-week high of C$40.16. The business’s fifty day simple moving average is C$28.63 and its two-hundred day simple moving average is C$25.66. The company has a market capitalization of C$5.12 billion, a PE ratio of 59.48 and a beta of 3.09.

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

Aya Gold & Silver Company Profile

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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.

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