Brokers Set Expectations for TSE:AYA Q3 Earnings

Aya Gold & Silver Inc. (TSE:AYA) – Investment analysts at Stifel Canada issued their Q3 2024 earnings per share estimates for shares of Aya Gold & Silver in a research note issued to investors on Monday, October 21st. Stifel Canada analyst S. Soock forecasts that the company will post earnings of $0.01 per share for the quarter. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share. Stifel Canada also issued estimates for Aya Gold & Silver’s FY2024 earnings at $0.06 EPS and FY2026 earnings at $0.95 EPS.

Aya Gold & Silver (TSE:AYA) last posted its earnings results on Wednesday, August 14th. The company reported C$0.07 earnings per share for the quarter, beating the consensus estimate of C$0.01 by C$0.06. The firm had revenue of C$18.72 million during the quarter. Aya Gold & Silver had a net margin of 22.31% and a return on equity of 3.70%.

Other equities research analysts have also issued research reports about the company. National Bankshares reduced 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 note on Wednesday. BMO Capital Markets set a C$21.50 price objective on Aya Gold & Silver and gave the company an “outperform” rating in a research report on Monday, July 22nd. Eight Capital lifted their price objective on Aya Gold & Silver from C$22.00 to C$26.00 in a research report on Thursday, July 11th. Stifel Nicolaus upped their target price on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday. Finally, Desjardins lifted their price target on shares of Aya Gold & Silver from C$21.00 to C$26.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$21.64.

Aya Gold & Silver Stock Up 0.7 %

AYA stock opened at C$18.63 on Thursday. 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 company’s 50 day simple moving average is C$16.44 and its 200-day simple moving average is C$14.94. Aya Gold & Silver has a 12 month low of C$6.73 and a 12 month high of C$19.56. The firm has a market capitalization of C$2.43 billion, a PE ratio of 207.00 and a beta of 1.40.

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.