Aya Gold & Silver (TSE:AYA) Releases Quarterly Earnings Results

Aya Gold & Silver (TSE:AYA) posted its earnings results on Thursday. The company reported C$0.33 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$137.52 million during the quarter. Aya Gold & Silver had a return on equity of 20.80% and a net margin of 30.38%.

Aya Gold & Silver Price Performance

Shares of AYA opened at C$37.44 on Friday. The stock has a 50 day simple moving average of C$28.63 and a 200 day simple moving average of C$25.66. Aya Gold & Silver has a 52-week low of C$11.45 and a 52-week high of C$40.16. The company has a debt-to-equity ratio of 21.87, a quick ratio of 3.28 and a current ratio of 2.22. The firm has a market capitalization of C$5.37 billion, a PE ratio of 62.40 and a beta of 3.09.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Desjardins set a C$38.00 price objective on shares of Aya Gold & Silver and gave the stock a “buy” rating in a research note on Monday, July 27th. Scotiabank raised shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$30.58.

About Aya Gold & Silver

Aya Gold & Silver is a Canadian precious metals mining company anchored in Morocco and active across the full mining value chain. The Company has established an exploration track record through a systematic, technology-led, data-driven approach and is focused on expanding its resource base and land package along the Anti-Atlas fault – one of Africa’s most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver doré from its new processing facility.