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

Aya Gold & Silver (NASDAQ:AYA) posted its quarterly earnings data on Thursday. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.13), Zacks reports. Aya Gold & Silver had a return on equity of 26.54% and a net margin of 32.92%.

Aya Gold & Silver Stock Performance

AYA traded down $1.02 on Friday, hitting $25.92. The company had a trading volume of 1,510,361 shares, compared to its average volume of 713,148. The stock has a market cap of $3.73 billion and a PE ratio of 78.55. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.22 and a quick ratio of 1.92. The company has a fifty day simple moving average of $20.53. Aya Gold & Silver has a 12-month low of $15.84 and a 12-month high of $28.89.

Wall Street Analyst Weigh In

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

Aya Gold & Silver Company Profile

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.