FY2024 Earnings Estimate for TSE:AYA Issued By Cormark

Aya Gold & Silver Inc. (TSE:AYA) – Investment analysts at Cormark dropped their FY2024 EPS estimates for Aya Gold & Silver in a research note issued to investors on Tuesday, February 25th. Cormark analyst N. Dion now expects that the company will post earnings per share of ($0.04) for the year, down from their previous estimate of ($0.01). The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share.

A number of other research analysts also recently issued reports on AYA. Desjardins decreased their price target on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating for the company in a research note on Thursday, February 13th. National Bankshares decreased their price target on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Cibc World Mkts upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. CIBC set a C$24.00 price target on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Friday, November 22nd. Finally, Stifel Nicolaus decreased their price target on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a research note on Monday, November 25th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$20.94.

Aya Gold & Silver Trading Down 2.5 %

TSE AYA opened at C$11.48 on Thursday. The firm has a 50 day simple moving average of C$11.61 and a 200-day simple moving average of C$14.14. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. Aya Gold & Silver has a one year low of C$9.71 and a one year high of C$19.56. The firm has a market cap of C$1.06 billion, a price-to-earnings ratio of 135.63 and a beta of 1.40.

Insiders Place Their Bets

In other Aya Gold & Silver news, Director Benoit La Salle sold 64,244 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total transaction of C$724,145.52. Also, Senior Officer Alex Ball sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of C$12.00, for a total transaction of C$360,000.00. Over the last quarter, insiders have sold 152,835 shares of company stock valued at $1,761,507. 10.18% of the stock is owned by corporate insiders.

About Aya Gold & Silver

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.