What is Cormark’s Estimate for TSE:AYA FY2024 Earnings?

Aya Gold & Silver Inc. (TSE:AYA) – Equities researchers at Cormark cut their FY2024 earnings estimates for Aya Gold & Silver in a report released on Friday, November 15th. Cormark analyst N. Dion now expects that the company will earn $0.00 per share for the year, down from their previous forecast of $0.04. Cormark has a “Market Perform” rating and a $14.00 price objective on the stock. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share.

A number of other brokerages have also recently commented on AYA. National Bankshares decreased their price target on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. Stifel Nicolaus increased their price objective on Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday, October 21st. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Finally, BMO Capital Markets set a C$21.50 target price on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research note on Monday, July 22nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$21.50.

Aya Gold & Silver Trading Up 7.8 %

TSE AYA opened at C$12.72 on Monday. The firm has a market cap of C$1.66 billion, a PE ratio of 141.33 and a beta of 1.40. Aya Gold & Silver has a 1-year low of C$8.33 and a 1-year high of C$19.56. The stock has a 50-day moving average of C$16.98 and a 200-day moving average of C$15.35. The company has a current ratio of 2.66, a quick ratio of 3.28 and a debt-to-equity ratio of 36.42.

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.