Cormark Forecasts Reduced Earnings for Aya Gold & Silver

Aya Gold & Silver Inc. (TSE:AYA) – Equities research analysts at Cormark lowered their FY2024 earnings per share estimates for Aya Gold & Silver in a report released on Friday, November 15th. Cormark analyst N. Dion now anticipates that the company will post earnings per share of $0.00 for the year, down from their prior estimate of $0.04. Cormark currently has a “Market Perform” rating and a $14.00 price target on the stock. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share.

AYA has been the topic of a number of other research reports. National Bankshares decreased their target price on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. Stifel Nicolaus lifted their target price on Aya Gold & Silver from C$18.50 to C$23.00 in a research report on Monday, October 21st. Finally, BMO Capital Markets set a C$21.50 target price on Aya Gold & Silver and gave the company an “outperform” rating in a research report on Monday, July 22nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$21.50.

Aya Gold & Silver Stock Up 3.5 %

Shares of TSE AYA opened at C$13.16 on Monday. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. Aya Gold & Silver has a 52 week low of C$8.33 and a 52 week high of C$19.56. The stock has a market capitalization of C$1.72 billion, a P/E ratio of 146.22 and a beta of 1.40. The stock’s fifty day moving average is C$16.98 and its 200 day moving average is C$15.34.

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.