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National Bank Reaffirms Their Buy Rating on Aya Gold & Silver (AYA)

National Bank Reaffirms Their Buy Rating on Aya Gold & Silver (AYA)

National Bank analyst Don DeMarco maintained a Buy rating on Aya Gold & Silver (AYA – Research Report) today and set a price target of C$19.00. The company's shares closed today at C$12.55.
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According to TipRanks, DeMarco is a 5-star analyst with an average return of 19.1% and a 64.97% success rate. DeMarco covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Lundin Gold, and First Majestic Silver.
Currently, the analyst consensus on Aya Gold & Silver is a Strong Buy with an average price target of C$20.04, a 59.68% upside from current levels. In a report released today, Stifel Nicolaus also reiterated a Buy rating on the stock with a C$22.00 price target.
The company has a one-year high of C$19.56 and a one-year low of C$8.52. Currently, Aya Gold & Silver has an average volume of 1.15M.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AYA in relation to earlier this year.
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