Aya Gold & Silver (NASDAQ:AYA) Shares Up 4.7% – Here’s What Happened

Aya Gold & Silver Inc. (NASDAQ:AYA – Get Free Report)’s stock price rose 4.7% during trading on Friday. The company traded as high as $27.16 and last traded at $27.22. Approximately 145,497 shares traded hands during trading, a decline of 82% from the average session volume of 796,194 shares. The stock had previously closed at $26.00.

Wall Street Analyst Weigh In

AYA has been the subject of a number of recent research reports. Weiss Ratings upgraded shares of Aya Gold & Silver from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Zacks Research upgraded Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Check Out Our Latest Report on Aya Gold & Silver

Aya Gold & Silver Trading Up 2.0%

The company has a quick ratio of 1.70, a current ratio of 2.02 and a debt-to-equity ratio of 0.11. The business’s 50-day moving average price is $27.51. The stock has a market capitalization of $3.82 billion and a P/E ratio of 47.38.

Aya Gold & Silver (NASDAQ:AYA – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.13). Aya Gold & Silver had a return on equity of 25.49% and a net margin of 32.92%. On average, analysts forecast that Aya Gold & Silver Inc. will post 1.05 EPS for the current year.

Institutional Investors Weigh In On Aya Gold & Silver

Institutional investors have recently modified their holdings of the business. TD Waterhouse Canada Inc. acquired a new position in Aya Gold & Silver during the 2nd quarter valued at about $39,000. BlackRock Inc. acquired a new stake in Aya Gold & Silver in the second quarter worth about $502,000. Quantbot Technologies LP bought a new position in shares of Aya Gold & Silver in the second quarter valued at approximately $557,000. Alberta Investment Management Corp acquired a new position in shares of Aya Gold & Silver during the second quarter valued at approximately $663,000. Finally, Public Employees Retirement System of Ohio bought a new position in Aya Gold & Silver during the 2nd quarter valued at $673,000.

About Aya Gold & Silver

(Get Free Report)

Aya Gold & Silver Inc is a Canadian mining company focused on the exploration, development and production of precious and base metals in Morocco. The company is primarily known for its silver operations and holds a portfolio of mining and exploration properties in the country.

Aya’s flagship asset is the Zgounder Silver Mine in the Anti-Atlas Mountains of central Morocco. The company has invested in expanding and modernizing the operation, which produces silver-bearing ore for processing.

Read More

Receive News & Ratings for Aya Gold & Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aya Gold & Silver and related companies with MarketBeat.com's FREE daily email newsletter.