FY2024 EPS Estimates for Aya Gold & Silver Cut by Cormark

Aya Gold & Silver Inc. (TSE:AYA) – Investment analysts at Cormark cut their FY2024 earnings per share (EPS) estimates for shares of Aya Gold & Silver in a research note issued on Tuesday, February 25th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of ($0.04) for the year, down from their previous forecast of ($0.01). The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share.

Other equities analysts have also recently issued reports about the stock. CIBC set a C$24.00 price objective on shares of Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Friday, November 22nd. Stifel Nicolaus reduced their price objective on Aya Gold & Silver from C$23.00 to C$22.25 in a research note on Monday, November 25th. Cibc World Mkts raised Aya Gold & Silver to a “strong-buy” rating in a research note on Friday, November 22nd. National Bankshares cut their target price on Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Finally, Desjardins decreased their price target on Aya Gold & Silver from C$24.00 to C$23.00 and set a “buy” rating on the stock in a report on Thursday, February 13th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Aya Gold & Silver currently has an average rating of “Buy” and a consensus price target of C$20.94.

Aya Gold & Silver Stock Up 7.0 %

TSE AYA opened at C$12.70 on Thursday. The stock has a 50 day moving average price of C$11.58 and a 200-day moving average price of C$14.18. Aya Gold & Silver has a one year low of C$9.53 and a one year high of C$19.56. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. The company has a market capitalization of C$1.17 billion, a P/E ratio of 150.04 and a beta of 1.40.

Insider Buying and Selling at Aya Gold & Silver

In other news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total transaction of C$435,761.85. Also, Director Benoit La Salle sold 64,244 shares of Aya Gold & Silver stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$11.27, for a total transaction of C$724,145.52. Insiders have sold 152,835 shares of company stock valued at $1,761,507 in the last quarter. 10.18% of the stock is owned by insiders.

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.