Aya Gold & Silver (NASDAQ:AYA) Shares Gap Up – Should You Buy?

Aya Gold & Silver Inc. (NASDAQ:AYA – Get Free Report)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $25.37, but opened at $26.85. Aya Gold & Silver shares last traded at $26.6410, with a volume of 144,114 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on AYA shares. Zacks Research upgraded shares of Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Weiss Ratings upgraded shares of Aya Gold & Silver from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

View Our Latest Stock Report on Aya Gold & Silver

Aya Gold & Silver Stock Up 4.6%

The stock has a market cap of $3.83 billion and a PE ratio of 47.34. The company has a quick ratio of 1.70, a current ratio of 2.02 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average of $26.73.

Aya Gold & Silver (NASDAQ:AYA – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.13). Aya Gold & Silver had a net margin of 32.92% and a return on equity of 25.49%. On average, analysts forecast that Aya Gold & Silver Inc. will post 1.06 EPS for the current year.

Institutional Investors Weigh In On Aya Gold & Silver

Several hedge funds and other institutional investors have recently bought and sold shares of AYA. Amundi acquired a new stake in Aya Gold & Silver during the second quarter valued at approximately $29,474,000. Groupe la Francaise bought a new stake in Aya Gold & Silver during the second quarter worth approximately $16,294,000. TD Waterhouse Canada Inc. acquired a new position in Aya Gold & Silver in the second quarter worth approximately $39,000. Addenda Capital Inc. acquired a new position in Aya Gold & Silver in the second quarter worth approximately $1,097,000. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of Aya Gold & Silver in the second quarter valued at $729,000.

Aya Gold & Silver Company Profile

(Get Free Report)

Aya Gold & Silver Inc is a Canadian mining company focused on silver production and mineral exploration in Morocco. Its principal operating asset is the Zgounder Silver Mine in the Anti-Atlas region, where the company mines and processes silver-bearing ore.

Aya is also advancing the Boumadine project in eastern Morocco, an exploration-stage gold and polymetallic deposit. Its work there is focused on assessing the project’s mineral potential.

The company was formerly known as Maya Gold & Silver and adopted the Aya Gold & Silver name in 2020.

Featured Stories

Receive News & Ratings for Aya Gold & Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aya Gold & Silver and related companies with MarketBeat.com's FREE daily email newsletter.