FY2024 EPS Forecast for Aya Gold & Silver Cut by Analyst

Aya Gold & Silver Inc. (TSE:AYA - Free Report) - National Bank Financial lowered their FY2024 earnings per share (EPS) estimates for shares of Aya Gold & Silver in a research report issued on Wednesday, November 20th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $0.03 for the year, down from their previous forecast of $0.04. The consensus estimate for Aya Gold & Silver's current full-year earnings is $0.64 per share.

AYA has been the subject of several other reports. Desjardins raised Aya Gold & Silver to a "moderate buy" rating in a research note on Thursday, October 31st. National Bankshares dropped their price objective on Aya Gold & Silver from C$24.00 to C$23.00 and set an "outperform" rating for the company in a research note on Wednesday, October 23rd. Cormark downgraded Aya Gold & Silver from a "speculative buy" rating to a "market perform" rating and dropped their price target for the stock from C$20.00 to C$14.00 in a research report on Friday, November 15th. Stifel Nicolaus raised their price target on Aya Gold & Silver from C$18.50 to C$23.00 in a research report on Monday, October 21st. Finally, CIBC set a C$24.00 price target on Aya Gold & Silver and gave the stock an "outperform" rating in a research report on Friday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$21.81.

Aya Gold & Silver Price Performance

TSE AYA traded up C$0.86 during mid-day trading on Friday, hitting C$13.62. The stock had a trading volume of 1,368,334 shares, compared to its average volume of 443,183. Aya Gold & Silver has a 52-week low of C$8.57 and a 52-week high of C$19.56. The company has a market cap of C$1.78 billion, a price-to-earnings ratio of 151.67 and a beta of 1.40. The company has a 50 day simple moving average of C$16.97 and a 200 day simple moving average of C$15.34. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42.

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.