Cormark Lowers Earnings Estimates for Aya Gold & Silver

Aya Gold & Silver Inc. (TSE:AYA) – Stock analysts at Cormark reduced their FY2025 earnings per share (EPS) estimates for Aya Gold & Silver in a research report issued on Monday, March 31st. Cormark analyst N. Dion now forecasts that the company will earn $0.27 per share for the year, down from their previous forecast of $0.33. 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 recently issued reports on AYA. CIBC decreased their target price on Aya Gold & Silver from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Monday. Desjardins decreased their price target on shares of 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. National Bankshares dropped their price objective on shares of Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Stifel Nicolaus set a C$22.50 target price on shares of Aya Gold & Silver and gave the company a “buy” rating in a research report on Wednesday, March 19th. Finally, Stifel Canada upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, March 19th. One analyst has rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$20.72.

Aya Gold & Silver Price Performance

Aya Gold & Silver stock opened at C$11.12 on Tuesday. The company has a debt-to-equity ratio of 34.69, a quick ratio of 3.28 and a current ratio of 2.06. Aya Gold & Silver has a 52 week low of C$10.12 and a 52 week high of C$19.56. The stock has a market capitalization of C$1.03 billion, a P/E ratio of 131.37 and a beta of 1.40. The stock has a fifty day moving average of C$11.95 and a 200-day moving average of C$13.75.

Insider Activity

In other news, Senior Officer Alex Ball sold 20,000 shares of the firm’s stock in a transaction dated Monday, January 20th. The stock was sold at an average price of C$12.08, for a total transaction of C$241,600.00. Also, Director Benoit La Salle sold 64,244 shares of Aya Gold & Silver 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. Over the last 90 days, insiders sold 152,835 shares of company stock valued at $1,761,507. 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.