Q3 EPS Estimate for Aya Gold & Silver Decreased by Analyst

Aya Gold & Silver Inc. (TSE:AYA) – Research analysts at National Bank Financial cut their Q3 2024 earnings estimates for shares of Aya Gold & Silver in a note issued to investors on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.00 for the quarter, down from their prior estimate of $0.07. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share. National Bank Financial also issued estimates for Aya Gold & Silver’s FY2024 earnings at $0.04 EPS and FY2025 earnings at $0.73 EPS.

Other equities research analysts also recently issued reports about the stock. National Bankshares lowered their price objective on shares of 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. BMO Capital Markets set a C$21.50 price objective on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research report on Monday, July 22nd. Stifel Nicolaus boosted their target price on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday. Desjardins increased their price target on shares of Aya Gold & Silver from C$21.00 to C$26.00 and gave the company a “buy” rating in a research note on Monday, July 22nd. Finally, Eight Capital increased their price target on shares of Aya Gold & Silver from C$22.00 to C$26.00 in a research note on Thursday, July 11th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$21.64.

Aya Gold & Silver Price Performance

TSE AYA opened at C$18.63 on Friday. The firm’s fifty day simple moving average is C$16.52 and its two-hundred day simple moving average is C$14.99. The company has a current ratio of 2.66, a quick ratio of 3.28 and a debt-to-equity ratio of 36.42. Aya Gold & Silver has a 12-month low of C$6.73 and a 12-month high of C$19.56. The firm has a market capitalization of C$2.43 billion, a P/E ratio of 207.00 and a beta of 1.40.

Aya Gold & Silver (TSE:AYA) last announced its quarterly earnings data on Wednesday, August 14th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.01 by C$0.06. Aya Gold & Silver had a net margin of 22.31% and a return on equity of 3.70%. The business had revenue of C$18.72 million during the quarter.

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.