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

Aya Gold & Silver Inc. (TSE:AYA) – Equities research analysts at Cormark issued their Q1 2024 earnings per share estimates for Aya Gold & Silver in a research note issued to investors on Monday, April 22nd. Cormark analyst N. Dion anticipates that the company will earn ($0.03) per share 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 a number of other research reports. National Bankshares increased their target price on Aya Gold & Silver from C$16.50 to C$18.25 and gave the company an “outperform” rating in a report on Friday, April 19th. Raymond James increased their price objective on Aya Gold & Silver from C$13.25 to C$17.00 in a report on Tuesday. Stifel Nicolaus increased their price objective on Aya Gold & Silver from C$14.00 to C$15.70 in a report on Friday, April 19th. Finally, Eight Capital increased their price objective on Aya Gold & Silver from C$17.00 to C$22.00 in a report on Tuesday, April 16th.

Aya Gold & Silver Price Performance

AYA opened at C$13.76 on Wednesday. The stock has a fifty day moving average of C$11.56 and a 200-day moving average of C$10.04. The firm has a market capitalization of C$1.79 billion, a P/E ratio of 458.67 and a beta of 1.36. Aya Gold & Silver has a 12-month low of C$6.58 and a 12-month high of C$14.81. The company has a quick ratio of 3.28, a current ratio of 1.72 and a debt-to-equity ratio of 26.11.

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

Aya Gold & Silver Company Profile

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.