Cormark Has Pessimistic Outlook of TSE:AYA FY2025 Earnings

Aya Gold & Silver Inc. (TSE:AYA - Free Report) - Equities researchers at Cormark cut their FY2025 earnings per share estimates for shares of Aya Gold & Silver in a report released on Thursday, June 26th. Cormark analyst N. Dion now forecasts that the company will earn $0.04 per share for the year, down from their prior estimate of $0.06. The consensus estimate for Aya Gold & Silver's current full-year earnings is $0.64 per share.

Several other research analysts also recently weighed in on the company. Scotiabank dropped their price target on Aya Gold & Silver from C$19.00 to C$18.50 and set an "outperform" rating for the company in a research note on Monday. Stifel Canada raised shares of Aya Gold & Silver to a "strong-buy" rating in a research note on Wednesday, March 19th. Desjardins set a C$20.00 price target on shares of Aya Gold & Silver and gave the company a "buy" rating in a report on Thursday, June 19th. Stifel Nicolaus increased their price objective on shares of Aya Gold & Silver from C$22.50 to C$23.00 in a report on Monday, April 21st. Finally, National Bankshares raised their price objective on Aya Gold & Silver from C$18.75 to C$19.00 and gave the company an "outperform" rating in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Aya Gold & Silver has an average rating of "Buy" and a consensus target price of C$20.56.

Aya Gold & Silver Price Performance

Shares of TSE:AYA traded down C$0.63 during trading on Friday, hitting C$11.92. 955,348 shares of the company's stock were exchanged, compared to its average volume of 972,818. The business's 50-day simple moving average is C$11.54 and its 200 day simple moving average is C$11.57. The company has a market cap of C$1.10 billion, a price-to-earnings ratio of 140.82 and a beta of 1.40. Aya Gold & Silver has a 52-week low of C$8.52 and a 52-week high of C$19.56. The company has a debt-to-equity ratio of 34.69, a current ratio of 2.06 and a quick ratio of 3.28.

Insiders Place Their Bets

In related news, Director John Feliks Burzynski acquired 5,000 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were acquired at an average cost of C$11.77 per share, for a total transaction of C$58,850.00. Insiders acquired 20,000 shares of company stock valued at $250,500 in the last three months. Corporate insiders own 10.18% of the company's stock.

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.