Aya Gold & Silver (NASDAQ:AYA) Releases Quarterly Earnings Results, Misses Expectations By $0.13 EPS

Aya Gold & Silver (NASDAQ:AYA) announced its earnings results on Thursday. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.13), Zacks reports. Aya Gold & Silver had a return on equity of 20.92% and a net margin of 30.45%.

Aya Gold & Silver Price Performance

AYA stock opened at $26.94 on Friday. The stock has a market cap of $3.88 billion and a P/E ratio of 81.64. Aya Gold & Silver has a 12 month low of $15.84 and a 12 month high of $28.89. The business has a 50-day moving average of $20.36. The company has a quick ratio of 1.92, a current ratio of 2.22 and a debt-to-equity ratio of 0.15.

Analyst Ratings Changes

AYA has been the subject of several recent analyst reports. Zacks Research raised shares of Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Weiss Ratings downgraded shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, May 20th. Finally, Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

About Aya Gold & Silver

Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.