BMO Capital Markets Forecasts Strong Price Appreciation for Aya Gold & Silver (TSE:AYA) Stock

Aya Gold & Silver (TSE:AYAGet Free Report) had its target price hoisted by analysts at BMO Capital Markets from C$41.00 to C$46.00 in a research report issued on Thursday, BayStreet reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 18.13% from the stock’s current price.

Other equities analysts also recently issued reports about the stock. Raymond James Financial increased their price objective on shares of Aya Gold & Silver from C$32.00 to C$45.00 and gave the stock an “outperform” rating in a research note on Thursday. Desjardins upped their price objective on Aya Gold & Silver from C$38.00 to C$55.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. Canadian Imperial Bank of Commerce increased their price objective on Aya Gold & Silver from C$35.00 to C$41.50 in a report on Friday, August 14th. Finally, National Bank Financial raised their target price on shares of Aya Gold & Silver from C$41.00 to C$43.00 and gave the company an “outperform” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$41.93.

Check Out Our Latest Analysis on AYA

Aya Gold & Silver Stock Down 5.6%

TSE:AYA traded down C$2.33 during trading hours on Thursday, reaching C$38.94. 520,691 shares of the stock were exchanged, compared to its average volume of 1,464,521. The stock has a market cap of C$5.61 billion, a PE ratio of 50.55 and a beta of 3.30. Aya Gold & Silver has a twelve month low of C$11.95 and a twelve month high of C$41.98. The firm has a 50 day moving average of C$33.21 and a 200 day moving average of C$27.62. The company has a debt-to-equity ratio of 17.63, a current ratio of 2.02 and a quick ratio of 3.28.

Aya Gold & Silver (TSE:AYAGet Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$0.33 earnings per share (EPS) for the quarter. The company had revenue of C$137.52 million for the quarter. Aya Gold & Silver had a net margin of 32.72% and a return on equity of 25.26%. On average, equities analysts expect that Aya Gold & Silver will post 0.6384455 earnings per share for the current 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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Analyst Recommendations for Aya Gold & Silver (TSE:AYA)

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