Aya Gold & Silver (NASDAQ:AYA) Issues Earnings Results

Aya Gold & Silver (NASDAQ:AYA) posted its quarterly earnings data on Thursday. The company reported $0.23 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 Trading Down 3.9%

Shares of AYA stock traded down $1.10 during trading hours on Thursday, hitting $26.94. 1,068,629 shares of the company were exchanged, compared to its average volume of 563,552. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.22 and a quick ratio of 1.92. The firm has a market cap of $3.88 billion and a PE ratio of 81.64. The company’s fifty day moving average price is $20.36. Aya Gold & Silver has a 52-week low of $15.84 and a 52-week high of $28.89.

Wall Street Analyst Weigh In

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

Aya Gold & Silver Company Profile

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.