Brokers Issue Forecasts for TSE:AYA FY2024 Earnings

Aya Gold & Silver Inc. (TSE:AYA) – Cormark issued their FY2024 EPS estimates for shares of Aya Gold & Silver in a research note issued on Wednesday, January 22nd. Cormark analyst N. Dion expects that the company will earn ($0.01) per share for the year. 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.

Other equities analysts have also issued research reports about the company. Cibc World Mkts raised Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. CIBC set a C$24.00 price target on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Friday, November 22nd. 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. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. Finally, National Bankshares dropped their price target on shares of Aya Gold & Silver from C$21.75 to C$21.25 and set an “outperform” rating for the company in a research note on Thursday, January 9th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$21.50.

Aya Gold & Silver Price Performance

AYA stock opened at C$11.43 on Thursday. Aya Gold & Silver has a 1 year low of C$9.40 and a 1 year high of C$19.56. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28. The firm has a market capitalization of C$1.49 billion, a PE ratio of 127.00 and a beta of 1.40. The business has a 50 day simple moving average of C$12.15 and a 200-day simple moving average of C$14.68.

Insider Buying and Selling at Aya Gold & Silver

In other Aya Gold & Silver news, Director Benoit La Salle sold 64,244 shares of Aya Gold & Silver stock in a transaction dated 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 stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of C$12.00, for a total transaction of C$360,000.00. Insiders sold a total of 152,835 shares of company stock worth $1,761,507 over the last three months. Insiders own 10.18% of the company’s stock.

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.