National Bank Financial Weighs in on Aya Gold & Silver Inc.’s Q1 2024 Earnings (TSE:AYA)

Aya Gold & Silver Inc. (TSE:AYA) – Equities researchers at National Bank Financial issued their Q1 2024 earnings estimates for Aya Gold & Silver in a report issued 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 issued its quarterly earnings results on Thursday, March 28th. The company reported C$0.04 earnings per share for the quarter, topping analysts’ consensus estimates of C($0.01) by C$0.05. Aya Gold & Silver had a return on equity of 3.00% and a net margin of 12.85%. The firm had revenue of C$15.07 million during the quarter.

A number of other equities analysts have also recently issued reports on AYA. National Bankshares increased their price objective on shares of Aya Gold & Silver from C$16.50 to C$18.25 and gave the stock an “outperform” rating in a research report on Friday. Cormark increased their price objective on shares of Aya Gold & Silver from C$12.50 to C$15.00 in a research report on Wednesday, April 17th. Stifel Nicolaus raised their price target on shares of Aya Gold & Silver from C$14.00 to C$15.70 in a research report on Friday. Raymond James raised their price target on shares of Aya Gold & Silver from C$10.50 to C$13.25 in a research report on Friday, January 12th. Finally, Eight Capital raised their price target on shares of Aya Gold & Silver from C$17.00 to C$22.00 in a research report on Tuesday, April 16th.

Aya Gold & Silver Price Performance

AYA stock opened at C$14.80 on Monday. The stock has a market capitalization of C$1.92 billion, a PE ratio of 493.33 and a beta of 1.36. The company’s 50-day moving average is C$11.32 and its 200-day moving average is C$9.91. 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 1 year low of C$6.58 and a 1 year 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.