FY2024 EPS Estimate for Aya Gold & Silver Lowered by Analyst

Aya Gold & Silver Inc. (TSE:AYA) – Stock analysts at Desjardins reduced their FY2024 EPS estimates for shares of Aya Gold & Silver in a research note issued on Thursday, November 14th. Desjardins analyst A. Carson now expects that the company will earn $0.06 per share for the year, down from their previous forecast of $0.14. Desjardins has a “Moderate Buy” rating on the stock. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share. Desjardins also issued estimates for Aya Gold & Silver’s FY2025 earnings at $0.60 EPS and FY2026 earnings at $0.67 EPS.

Other research analysts also recently issued research reports about the stock. National Bankshares reduced their price target on shares of 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. Stifel Nicolaus upped their target price on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research report on Monday, October 21st. Cormark downgraded shares of Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and cut their target price for the company from C$20.00 to C$14.00 in a research report on Friday. Finally, BMO Capital Markets set a C$21.50 target price on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Monday, July 22nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$21.50.

Aya Gold & Silver Stock Up 3.5 %

Shares of TSE AYA opened at C$13.16 on Monday. The firm’s 50-day simple moving average is C$16.98 and its 200 day simple moving average is C$15.34. The company has a market cap of C$1.72 billion, a price-to-earnings ratio of 146.22 and a beta of 1.40. The company has a quick ratio of 3.28, a current ratio of 2.66 and a debt-to-equity ratio of 36.42. Aya Gold & Silver has a 12-month low of C$8.33 and a 12-month high of C$19.56.

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.