Man Group plc Buys Shares of 160,200 Aya Gold & Silver Inc. $AYA

Man Group plc purchased a new stake in shares of Aya Gold & Silver Inc. (NASDAQ:AYA) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 160,200 shares of the company’s stock, valued at approximately $3,033,000.

A number of other large investors have also recently made changes to their positions in AYA. Legal & General Group Plc purchased a new position in shares of Aya Gold & Silver during the second quarter valued at approximately $2,444,000. The Manufacturers Life Insurance Company bought a new position in Aya Gold & Silver during the second quarter valued at approximately $2,924,000. Cibc World Market Inc. purchased a new stake in Aya Gold & Silver in the second quarter worth approximately $1,509,000. Quantbot Technologies LP purchased a new stake in Aya Gold & Silver in the second quarter worth approximately $557,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new stake in Aya Gold & Silver in the second quarter worth approximately $5,145,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AYA shares. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Friday, May 15th. Weiss Ratings downgraded Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Zacks Research raised Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Finally, Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Aya Gold & Silver Trading Down 0.2%

Shares of NASDAQ AYA opened at $27.92 on Tuesday. Aya Gold & Silver Inc. has a 12-month low of $15.84 and a 12-month high of $30.24. The company has a market capitalization of $4.02 billion and a price-to-earnings ratio of 49.86. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.02 and a quick ratio of 1.70. The firm’s 50 day simple moving average is $22.37.

Aya Gold & Silver (NASDAQ:AYA) last released its quarterly earnings results on Thursday, August 13th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.13). Aya Gold & Silver had a return on equity of 25.49% and a net margin of 32.92%. Sell-side analysts predict that Aya Gold & Silver Inc. will post 1.11 EPS for the current year.

Aya Gold & Silver Company Profile

Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.