FY2024 EPS Estimate for Aya Gold & Silver Lowered by Analyst

Aya Gold & Silver Inc. (TSE:AYA) – Research analysts at Desjardins reduced their FY2024 earnings per share estimates for shares of Aya Gold & Silver in a report issued on Thursday, November 14th. Desjardins analyst A. Carson now forecasts 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 analysts have also recently issued reports about the company. Cormark cut Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and lowered their target price for the stock from C$20.00 to C$14.00 in a research note on Friday. BMO Capital Markets set a C$21.50 target price on Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Monday, July 22nd. National Bankshares lowered their target price on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. Finally, Stifel Nicolaus increased their target price on Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$21.50.

Aya Gold & Silver Stock Performance

Shares of AYA stock opened at C$13.16 on Monday. 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 stock has a market cap of C$1.72 billion, a PE ratio of 146.22 and a beta of 1.40. The stock has a 50-day moving average of C$16.98 and a 200-day moving average of C$15.34. Aya Gold & Silver has a one year low of C$8.33 and a one year high of C$19.56.

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.