Cormark Comments on Aya Gold & Silver Inc.’s Q1 2024 Earnings (TSE:AYA)

Aya Gold & Silver Inc. (TSE:AYA) – Cormark issued their Q1 2024 EPS estimates for shares of Aya Gold & Silver in a research note issued to investors on Monday, April 22nd. Cormark analyst N. Dion expects that the company will post earnings per share of ($0.03) for the quarter. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.01 per share.

AYA has been the subject of several other research reports. National Bankshares increased 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. Raymond James increased their price objective on shares of Aya Gold & Silver from C$13.25 to C$17.00 in a research note on Tuesday. Eight Capital increased 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 increased 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$13.76 on Wednesday. The company has a current ratio of 1.72, a quick ratio of 3.28 and a debt-to-equity ratio of 26.11. The firm has a market capitalization of C$1.79 billion, a price-to-earnings ratio of 458.67 and a beta of 1.36. The firm’s 50 day simple moving average is C$11.56 and its 200 day simple moving average is C$10.04. Aya Gold & Silver has a 1 year low of C$6.58 and a 1 year high of C$14.81.

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

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.