FY2024 EPS Forecast for Aya Gold & Silver Reduced by Analyst

Aya Gold & Silver Inc. (TSE:AYA) – Stock analysts at Desjardins lowered their FY2024 earnings per share estimates for Aya Gold & Silver in a research note issued to investors on Thursday, November 14th. Desjardins analyst A. Carson now expects that the company will earn $0.06 per share for the year, down from their prior forecast of $0.14. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share. Desjardins also issued estimates for Aya Gold & Silver’s FY2025 earnings at $0.60 EPS and FY2026 earnings at $0.67 EPS.

Other equities analysts have also issued reports about the stock. Stifel Nicolaus boosted their target price on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday, October 21st. BMO Capital Markets set a C$21.50 target price on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Monday, July 22nd. National Bankshares reduced their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. Finally, Cormark cut Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and decreased their price target for the stock from C$20.00 to C$14.00 in a research note on Friday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Aya Gold & Silver presently has a consensus rating of “Moderate Buy” and an average price target of C$21.50.

Aya Gold & Silver Stock Performance

Shares of TSE:AYA opened at C$12.72 on Monday. The business’s 50 day moving average price is C$16.98 and its 200-day moving average price is C$15.35. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28. The firm has a market capitalization of C$1.66 billion, a PE ratio of 141.33 and a beta of 1.40. Aya Gold & Silver has a 1 year low of C$8.33 and a 1 year high of C$19.56.

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.