Stifel Nicolaus Raises Aya Gold & Silver Price Target to C$56.00

Aya Gold & Silver (TSE:AYA) has had its price target raised by analysts at Stifel Nicolaus to C$56.00, a potential upside of 45.04% from the stock's current price.

The firm currently has a 'buy' rating on the stock and this new price objective is higher than previous targets set by other research firms such as National Bank Financial, Desjardins, Raymond James Financial, BMO Capital Markets, and Canadian Imperial Bank of Commerce.

Aya Gold & Silver had reported C$0.33 earnings per share (EPS) for the quarter, with a revenue of C$137.52 million.