Cormark Has Negative Forecast for TSE:AYA FY2025 Earnings

Aya Gold & Silver Inc. (TSE:AYA) – Equities researchers at Cormark decreased their FY2025 earnings per share estimates for shares of Aya Gold & Silver in a research note issued to investors on Monday, April 14th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.26 for the year, down from their prior estimate of $0.27. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share.

A number of other equities research analysts also recently weighed in on AYA. Stifel Canada upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, March 19th. Stifel Nicolaus set a C$22.50 target price on shares of Aya Gold & Silver and gave the company a “buy” rating in a research report on Wednesday, March 19th. CIBC decreased their target price on shares of Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research note on Monday, March 31st. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, April 3rd. Finally, National Bankshares reduced their price objective on Aya Gold & Silver from C$20.75 to C$19.75 and set an “outperform” rating on the stock in a research report on Wednesday, April 2nd. One analyst has rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Aya Gold & Silver has an average rating of “Buy” and a consensus target price of C$20.59.

Aya Gold & Silver Stock Performance

TSE:AYA opened at C$11.41 on Tuesday. The company has a quick ratio of 3.28, a current ratio of 2.06 and a debt-to-equity ratio of 34.69. The firm has a market capitalization of C$1.06 billion, a PE ratio of 134.80 and a beta of 1.40. Aya Gold & Silver has a twelve month low of C$8.53 and a twelve month high of C$19.56. The stock’s 50-day simple moving average is C$11.60 and its 200 day simple moving average is C$13.21.

Insider Activity

In other news, Senior Officer Alex Ball sold 20,000 shares of the company’s stock in a transaction on Monday, January 20th. The shares were sold at an average price of C$12.08, for a total value of C$241,600.00. Insiders own 10.18% 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.