FY2024 EPS Forecast for Aya Gold & Silver Lowered by Analyst

Aya Gold & Silver Inc. (TSE:AYA - Free Report) - Equities researchers at Cormark lowered their FY2024 EPS estimates for Aya Gold & Silver in a research note issued on Tuesday, February 25th. Cormark analyst N. Dion now forecasts that the company will post earnings of ($0.04) per share for the year, down from their prior 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 brokerages have also commented on AYA. Stifel Nicolaus cut their price target on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a report on Monday, November 25th. Cibc World Mkts upgraded shares of Aya Gold & Silver to a "strong-buy" rating in a report on Friday, November 22nd. Desjardins dropped their target price on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set a "buy" rating on the stock in a report on Thursday, February 13th. CIBC set a C$24.00 target price on shares of Aya Gold & Silver and gave the company an "outperform" rating in a report on Friday, November 22nd. Finally, National Bankshares dropped their target price on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an "outperform" rating on the stock in a report on Tuesday, February 11th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Aya Gold & Silver presently has a consensus rating of "Buy" and an average target price of C$20.94.

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Aya Gold & Silver Trading Down 2.5 %

Shares of TSE:AYA traded down C$0.29 during mid-day trading on Thursday, reaching C$11.48. 1,066,514 shares of the company's stock were exchanged, compared to its average volume of 741,374. The firm has a market capitalization of C$1.06 billion, a price-to-earnings ratio of 135.63 and a beta of 1.40. The business's fifty day moving average price is C$11.61 and its 200-day moving average price is 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 twelve month low of C$9.71 and a twelve month high of C$19.56.

Insider Buying and Selling at Aya Gold & Silver

In other news, Director Benoit La Salle sold 64,244 shares of the business's stock in a transaction dated 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 Ugo Landry-Tolszczuk sold 38,591 shares of the business's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of C$11.29, for a total transaction of C$435,761.85. Over the last ninety days, insiders sold 152,835 shares of company stock valued at $1,761,507. Corporate 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.