Aya Gold & Silver (TSE:AYA) Stock Price Down 5.6% – Time to Sell?

Shares of Aya Gold & Silver Inc. (TSE:AYAGet Free Report) fell 5.6% during trading on Tuesday . The company traded as low as C$26.70 and last traded at C$27.42. 1,201,872 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 1,535,286 shares. The stock had previously closed at C$29.05.

Analyst Ratings Changes

Several analysts have weighed in on AYA shares. Scotiabank raised shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Thursday, April 23rd. Desjardins set a C$38.00 price target on shares of Aya Gold & Silver and gave the stock a “buy” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to data from MarketBeat, Aya Gold & Silver has a consensus rating of “Buy” and a consensus target price of C$30.58.

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Aya Gold & Silver Trading Up 6.1%

The company has a debt-to-equity ratio of 21.87, a current ratio of 2.22 and a quick ratio of 3.28. The company’s fifty day moving average is C$26.95 and its 200-day moving average is C$24.85. The stock has a market cap of C$4.11 billion, a PE ratio of 47.80 and a beta of 3.07.

Aya Gold & Silver (TSE:AYAGet Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported C$0.46 EPS for the quarter. The company had revenue of C$163.04 million for the quarter. Aya Gold & Silver had a net margin of 30.38% and a return on equity of 20.80%. On average, analysts predict that Aya Gold & Silver Inc. 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.

Further Reading

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