Equities Analysts Set Expectations for 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 report issued on Monday, April 22nd. Cormark analyst N. Dion anticipates that the company will post earnings of ($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 Gold & Silver (TSE:AYA) last issued its quarterly earnings results on Thursday, March 28th. The company reported C$0.04 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter.

A number of other equities analysts have also weighed in on AYA. Eight Capital upped their target price on Aya Gold & Silver from C$17.00 to C$22.00 in a research report on Tuesday, April 16th. Stifel Nicolaus upped their target price on Aya Gold & Silver from C$14.00 to C$15.70 in a research report on Friday, April 19th. National Bankshares upped their target price on Aya Gold & Silver from C$16.50 to C$18.25 and gave the stock an “outperform” rating in a research report on Friday, April 19th. Finally, Raymond James upped their target price on Aya Gold & Silver from C$13.25 to C$17.00 in a research report on Tuesday.

Aya Gold & Silver Price Performance

Shares of AYA opened at C$13.98 on Wednesday. Aya Gold & Silver has a 52-week low of C$6.58 and a 52-week high of C$14.81. The company has a debt-to-equity ratio of 26.11, a quick ratio of 3.28 and a current ratio of 1.72. The business’s 50 day moving average price is C$11.63 and its two-hundred day moving average price is C$10.06. The firm has a market cap of C$1.82 billion, a PE ratio of 466.00 and a beta of 1.36.

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.