Aya Gold & Silver (NASDAQ:AYA) Posts Quarterly Earnings Results, Misses Estimates By $0.13 EPS

Aya Gold & Silver (NASDAQ:AYAGet Free Report) posted its earnings results on Thursday. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.13), Zacks reports. Aya Gold & Silver had a net margin of 30.45% and a return on equity of 20.92%.

Aya Gold & Silver Stock Performance

Shares of AYA traded down $1.10 during mid-day trading on Thursday, hitting $26.94. 951,853 shares of the company were exchanged, compared to its average volume of 561,833. The stock has a market cap of $3.88 billion and a PE ratio of 81.64. Aya Gold & Silver has a 1-year low of $15.84 and a 1-year high of $28.89. The firm’s 50 day simple moving average is $20.21. The company has a current ratio of 2.22, a quick ratio of 1.92 and a debt-to-equity ratio of 0.15.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AYA. Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a report on Friday, May 15th. Weiss Ratings lowered shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a research report on Wednesday, May 20th. Finally, Zacks Research upgraded Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Aya Gold & Silver currently has a consensus rating of “Buy”.

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Aya Gold & Silver Company Profile

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Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.

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