FY2024 EPS Forecast for Aya Gold & Silver Lowered by Analyst

Aya Gold & Silver Inc. (TSE:AYA - Free Report) - Stock analysts at Cormark cut their FY2024 EPS estimates for shares of Aya Gold & Silver in a research note issued to investors on Friday, November 15th. Cormark analyst N. Dion now anticipates that the company will earn $0.00 per share for the year, down from their prior estimate of $0.04. Cormark currently has a "Market Perform" rating and a $14.00 target price on the stock. The consensus estimate for Aya Gold & Silver's current full-year earnings is $0.64 per share.

A number of other research firms have also weighed in on AYA. Stifel Nicolaus raised their price objective on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. National Bankshares dropped their price objective on shares of 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. 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 report on Monday, July 22nd. Finally, Desjardins upgraded shares of Aya Gold & Silver to a "moderate buy" rating in a report on Thursday, October 31st. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Aya Gold & Silver has an average rating of "Moderate Buy" and a consensus target price of C$21.50.

Aya Gold & Silver Stock Up 3.5 %

TSE AYA traded up C$0.44 on Monday, hitting C$13.16. 903,749 shares of the company were exchanged, compared to its average volume of 429,651. The company has a market cap of C$1.72 billion, a PE ratio of 146.22 and a beta of 1.40. Aya Gold & Silver has a 12 month low of C$8.33 and a 12 month high of C$19.56. The stock has a fifty day moving average of C$16.98 and a 200-day moving average of C$15.34. 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.