Aya Gold & Silver (TSE:AYA) Stock Price Down 5% – What’s Next?

Aya Gold & Silver Inc. (TSE:AYA)’s stock price traded down 5% during trading on Thursday . The company traded as low as C$12.03 and last traded at C$12.06. 119,570 shares were traded during mid-day trading, a decline of 83% from the average session volume of 709,713 shares. The stock had previously closed at C$12.70.

Analyst Ratings Changes

AYA has been the subject of several analyst reports. National Bankshares lowered their price target on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. Cormark lowered their target price on shares of Aya Gold & Silver from C$14.00 to C$13.00 in a report on Thursday, January 30th. CIBC set a C$24.00 target price on Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Friday, November 22nd. Stifel Nicolaus dropped their price target on Aya Gold & Silver from C$23.00 to C$22.25 in a research note on Monday, November 25th. Finally, Cibc World Mkts raised shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$20.94.

Aya Gold & Silver Stock Performance

The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. The stock has a market cap of C$1.10 billion, a P/E ratio of 140.59 and a beta of 1.40. The firm’s 50 day moving average is C$11.58 and its 200 day moving average is C$14.18.

Insider Activity

In other Aya Gold & Silver news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total transaction of C$435,761.85. Also, Senior Officer Alex Ball sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, January 20th. The shares were sold at an average price of C$12.08, for a total transaction of C$241,600.00. In the last quarter, insiders have sold 152,835 shares of company stock valued at $1,761,507. 10.18% of the stock is currently owned by insiders.

Aya Gold & Silver Company Profile

Aya Gold & Silver Inc, together with its subsidiaries, engages in the exploration, evaluation, and development of precious metals projects in Morocco. The company primarily explores for gold and silver deposits. Its flagship project is the Zgounder property located approximately 265 kms east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range, Morocco.