Aya Gold & Silver (NASDAQ:AYA) Releases Quarterly Earnings Results, Misses Expectations By $0.11 EPS

Aya Gold & Silver (NASDAQ:AYA) released its quarterly earnings data on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.11), Zacks reports. Aya Gold & Silver had a net margin of 32.92% and a return on equity of 25.49%.

Aya Gold & Silver Price Performance

Shares of NASDAQ AYA traded down $1.47 during midday trading on Thursday, reaching $23.02. 606,280 shares of the stock traded hands, compared to its average volume of 786,030. 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 company has a market capitalization of $3.32 billion and a PE ratio of 41.12. Aya Gold & Silver has a one year low of $15.84 and a one year high of $30.67. The stock has a 50 day moving average of $26.61.

Wall Street Analysts Forecast Growth

Separately, 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 assigned a Buy rating to the stock. Based on data from MarketBeat, Aya Gold & Silver has an average rating of “Strong Buy”.

Aya Gold & Silver Company Profile

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.