Insider Selling: Aya Gold & Silver Inc. (TSE:AYA) Senior Officer Sells 30,000 Shares of Stock

Aya Gold & Silver Inc. (TSE:AYA) Senior Officer Alex Ball sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of C$12.00, for a total value of C$360,000.00.

Aya Gold & Silver Price Performance

Aya Gold & Silver stock traded down C$0.08 during mid-day trading on Monday, hitting C$12.02. 174,083 shares of the company traded hands, compared to its average volume of 676,557. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. Aya Gold & Silver Inc. has a one year low of C$9.40 and a one year high of C$19.56. The stock has a market cap of C$1.57 billion, a price-to-earnings ratio of 133.56 and a beta of 1.40. The stock has a fifty day moving average price of C$12.36 and a 200-day moving average price of C$14.73.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Cibc World Mkts upgraded Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. National Bankshares lowered their price objective on Aya Gold & Silver from C$21.75 to C$21.25 and set an “outperform” rating on the stock in a research note on Thursday, January 9th. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. Cormark lowered shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and cut their price objective for the company from C$20.00 to C$14.00 in a research report on Friday, November 15th. Finally, Stifel Nicolaus decreased their target price on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Aya Gold & Silver currently has an average rating of “Buy” and a consensus target price of C$21.50.

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.