FY2024 EPS Estimates for Aya Gold & Silver Cut by Cormark

Aya Gold & Silver Inc. (TSE:AYA) – Research analysts at Cormark cut their FY2024 earnings estimates for Aya Gold & Silver in a note issued to investors on Friday, November 15th. Cormark analyst N. Dion now forecasts that the company will post earnings of $0.00 per share for the year, down from their prior estimate of $0.04. Cormark currently 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.

A number of other brokerages have also commented on AYA. National Bankshares decreased their price objective on Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a report on Thursday, October 31st. Finally, Stifel Nicolaus boosted their price objective on Aya Gold & Silver from C$18.50 to C$23.00 in a report on Monday, October 21st. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$21.50.

Aya Gold & Silver Price Performance

AYA opened at C$13.80 on Monday. 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 company’s 50 day simple moving average is C$17.00 and its 200-day simple moving average is C$15.35. Aya Gold & Silver has a one year low of C$8.33 and a one year high of C$19.56. The stock has a market capitalization of C$1.80 billion, a P/E ratio of 153.33 and a beta of 1.40.

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.