Cormark Expects Increased Earnings for Aya Gold & Silver

Aya Gold & Silver Inc. (TSE:AYA) – Investment analysts at Cormark boosted their FY2025 earnings estimates for shares of Aya Gold & Silver in a report released on Friday, January 24th. Cormark analyst N. Dion now expects that the company will post earnings of $0.62 per share for the year, up from their previous forecast of $0.53. 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 research firms have also commented on AYA. CIBC set a C$24.00 price objective on Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Friday, November 22nd. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a research report on Thursday, October 31st. Stifel Nicolaus cut their price objective on shares of Aya Gold & Silver from C$23.00 to C$22.25 in a research report on Monday, November 25th. National Bankshares decreased their target price on shares of Aya Gold & Silver from C$21.75 to C$21.25 and set an “outperform” rating on the stock in a report on Thursday, January 9th. Finally, Cibc World Mkts raised shares of Aya Gold & Silver to a “strong-buy” rating in a report on Friday, November 22nd. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Aya Gold & Silver presently has an average rating of “Buy” and a consensus target price of C$21.50.

Aya Gold & Silver Stock Up 3.4 %

Shares of AYA opened at C$11.36 on Monday. The company has a current ratio of 2.66, a quick ratio of 3.28 and a debt-to-equity ratio of 36.42. The stock has a market capitalization of C$1.48 billion, a PE ratio of 126.22 and a beta of 1.40. The firm’s 50 day moving average is C$12.02 and its 200-day moving average is C$14.58. Aya Gold & Silver has a 12 month low of C$9.40 and a 12 month high of C$19.56.

Insider Activity at Aya Gold & Silver

In other news, Director Benoit La Salle sold 64,244 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of C$11.27, for a total value of C$724,145.52. Also, Senior Officer Alex Ball sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of C$12.00, for a total transaction of C$360,000.00. In the last three months, insiders have sold 152,835 shares of company stock valued at $1,761,507. 10.18% of the stock is owned by insiders.

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.