FY2024 EPS Estimates for Aya Gold & Silver Inc. (TSE:AYA) Lowered by Cormark

Aya Gold & Silver Inc. (TSE:AYA) – Equities research analysts at Cormark cut their FY2024 earnings estimates for shares of Aya Gold & Silver in a note issued to investors on Monday, September 9th. Cormark analyst N. Dion now expects that the company will earn $0.04 per share for the year, down from their previous forecast of $0.14. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.54 per share. Cormark also issued estimates for Aya Gold & Silver’s FY2025 earnings at $0.43 EPS.

Several other equities analysts have also weighed in on the stock. Desjardins increased their price target on shares of Aya Gold & Silver from C$21.00 to C$26.00 and gave the company a “buy” rating in a research report on Monday, July 22nd. BMO Capital Markets set a C$21.50 price target on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Monday, July 22nd. National Bankshares reduced their price target on shares of Aya Gold & Silver from C$22.00 to C$21.75 and set an “outperform” rating for the company in a research report on Wednesday, July 17th. Eight Capital increased their price target on shares of Aya Gold & Silver from C$22.00 to C$26.00 in a research report on Thursday, July 11th. Finally, Stifel Nicolaus increased their price target on shares of Aya Gold & Silver from C$18.00 to C$18.50 in a research report on Thursday, August 15th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$20.82.

Aya Gold & Silver Price Performance

AYA opened at C$15.54 on Wednesday. The firm has a market cap of C$2.03 billion, a P/E ratio of 172.67 and a beta of 1.39. The firm has a 50-day moving average of C$14.69 and a 200 day moving average of C$13.61. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. Aya Gold & Silver has a fifty-two week low of C$6.58 and a fifty-two week high of C$16.26.

Aya Gold & Silver (TSE:AYA) last posted its earnings results on Wednesday, August 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.01 by C$0.06. Aya Gold & Silver had a net margin of 22.31% and a return on equity of 3.70%. The firm had revenue of C$18.72 million during the quarter.

Insider Buying and Selling at Aya Gold & Silver

In other news, Senior Officer Alex Ball purchased 30,000 shares of the stock in a transaction dated Friday, June 21st. The shares were purchased at an average cost of C$13.29 per share, with a total value of C$398,700.00. In other news, Senior Officer Alex Ball purchased 30,000 shares of the stock in a transaction dated Friday, June 21st. The shares were purchased at an average cost of C$13.29 per share, with a total value of C$398,700.00. Also, Senior Officer Ugo Landry-Tolszczuk sold 19,850 shares of the stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of C$13.99, for a total transaction of C$277,701.50. Insiders own 10.19% of the company’s stock.

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.