Equities Analysts Set Expectations for Aya Gold & Silver Inc.’s Q1 2024 Earnings (TSE:AYA)

Aya Gold & Silver Inc. (TSE:AYA) – Investment analysts at Desjardins issued their Q1 2024 earnings estimates for shares of Aya Gold & Silver in a research note issued to investors on Tuesday, April 23rd. Desjardins analyst J. Sclodnick 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.

A number of other research firms have also recently issued reports on AYA. Stifel Nicolaus increased their target price on Aya Gold & Silver from C$14.00 to C$15.70 in a report on Friday, April 19th. Eight Capital raised their price objective on Aya Gold & Silver from C$17.00 to C$22.00 in a report on Tuesday, April 16th. Raymond James raised their price objective on Aya Gold & Silver from C$13.25 to C$17.00 in a report on Tuesday. Cormark raised their price objective on Aya Gold & Silver from C$12.50 to C$15.00 in a report on Wednesday, April 17th. Finally, National Bankshares raised their price objective 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.

Aya Gold & Silver Price Performance

AYA stock opened at C$13.98 on Thursday. The stock has a 50-day moving average price of C$11.63 and a two-hundred day moving average price of C$10.06. The stock has a market cap of C$1.82 billion, a PE ratio of 466.00 and a beta of 1.36. The company has a current ratio of 1.72, a quick ratio of 3.28 and a debt-to-equity ratio of 26.11. 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 released its earnings results on Thursday, March 28th. The company reported C$0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C($0.01) by C$0.05. The firm 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%.

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.