38,500 Shares in Aya Gold & Silver Inc. $AYA Bought by Susquehanna Fundamental Investments LLC

Key Points

• Susquehanna Fundamental Investments acquired 38,500 shares of Aya Gold & Silver in the second quarter, valued at approximately $729,000. Several other institutional investors, including Deutsche Bank and Edmond de Rothschild, also opened positions.
• Analyst sentiment is broadly positive: Desjardins, Scotiabank, and Zacks Research upgraded the stock, while MarketBeat reports an overall average rating of “Buy.”
• AYA opened at $28.35, near its 52-week high of $30.24, but its latest quarterly EPS of $0.23 missed the $0.36 consensus estimate. The company reported a 32.92% net margin and 25.49% return on equity.

Susquehanna Fundamental Investments LLC acquired a new stake in shares of Aya Gold & Silver Inc. (NASDAQ:AYA - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 38,500 shares of the company's stock, valued at approximately $729,000.

A number of other institutional investors have also added to or reduced their stakes in AYA. Alberta Investment Management Corp purchased a new stake in shares of Aya Gold & Silver in the 2nd quarter valued at about $663,000. Deutsche Bank AG purchased a new position in shares of Aya Gold & Silver during the second quarter worth about $26,946,000. BlackRock Inc. purchased a new position in shares of Aya Gold & Silver during the second quarter worth about $502,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Aya Gold & Silver in the second quarter worth approximately $5,145,000. Finally, Quantbot Technologies LP bought a new position in shares of Aya Gold & Silver in the second quarter worth approximately $557,000.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AYA. Desjardins upgraded shares of Aya Gold & Silver to a "moderate buy" rating in a research report on Friday, May 15th. Zacks Research raised shares of Aya Gold & Silver from a "hold" rating to a "strong-buy" rating in a report on Monday, July 13th. Scotiabank upgraded shares of Aya Gold & Silver to a "strong-buy" rating in a research report on Wednesday, May 20th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Aya Gold & Silver in a report on Monday. Two equities 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, the company presently has an average rating of "Buy".

Aya Gold & Silver Stock Performance

AYA stock opened at $28.35 on Thursday. The stock has a market capitalization of $4.08 billion and a P/E ratio of 50.62. Aya Gold & Silver Inc. has a one year low of $15.84 and a one year high of $30.24. The business's 50 day simple moving average is $22.76. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.02 and a quick ratio of 1.70.

Aya Gold & Silver (NASDAQ:AYA - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.13). Aya Gold & Silver had a net margin of 32.92% and a return on equity of 25.49%. On average, research analysts predict that Aya Gold & Silver Inc. will post 1.11 EPS for the current year.

Aya Gold & Silver 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.

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