Aya Gold & Silver Inc. (TSE:AYA) Forecasted to Post Q1 2024 Earnings of ($0.01) Per Share

Aya Gold & Silver Inc. (TSE:AYA) – Equities researchers at National Bank Financial issued their Q1 2024 earnings per share (EPS) estimates for Aya Gold & Silver in a research note issued to investors on Thursday, April 18th. National Bank Financial analyst D. Demarco forecasts that the company will earn ($0.01) per share for the quarter. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.01 per share.

Aya Gold & Silver (TSE:AYA) last posted its earnings results on Thursday, March 28th. The company reported C$0.04 EPS for the quarter, beating the consensus estimate of C($0.01) by C$0.05. The firm had revenue of C$15.07 million for the quarter. Aya Gold & Silver had a return on equity of 3.00% and a net margin of 12.85%.

Several other equities analysts have also commented on the company. Raymond James increased their target price on Aya Gold & Silver from C$13.25 to C$17.00 in a report on Tuesday. National Bankshares upped their price objective on shares of Aya Gold & Silver from C$16.50 to C$18.25 and gave the company an “outperform” rating in a research note on Friday, April 19th. Cormark upped their price objective on shares of Aya Gold & Silver from C$12.50 to C$15.00 in a research note on Wednesday, April 17th. Eight Capital upped their price objective on shares of Aya Gold & Silver from C$17.00 to C$22.00 in a research note on Tuesday, April 16th. Finally, Stifel Nicolaus upped their price objective on shares of Aya Gold & Silver from C$14.00 to C$15.70 in a research note on Friday, April 19th.

Aya Gold & Silver Stock Performance

TSE:AYA opened at C$13.83 on Monday. The firm has a market capitalization of C$1.80 billion, a PE ratio of 461.00 and a beta of 1.36. The business’s fifty day moving average price is C$11.48 and its 200 day moving average price is C$10.01. The company has a debt-to-equity ratio of 26.11, a current ratio of 1.72 and a quick ratio of 3.28. Aya Gold & Silver has a 12 month low of C$6.58 and a 12 month high of C$14.81.

About Aya Gold & Silver

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.