Go Pro

Boussard & Gavaudan Gestion Sas Purchases New Stake in Aya Gold & Silver Inc. $AYA

Aya Gold & Silver logo with Materials background
Image from MarketBeat Media, LLC.

Key Points

  • Boussard & Gavaudan Gestion purchased 117,967 Aya Gold & Silver shares worth approximately $2.19 million, representing a 0.08% stake. Several other institutional investors also initiated positions during the second quarter.
  • Analyst sentiment is broadly positive: MarketBeat lists an average rating of “Buy”, with upgrades from Scotiabank, Desjardins, and Zacks Research, despite Weiss Ratings downgrading the stock to “Hold.”
  • Aya Gold & Silver shares were trading at $27.97 after a reported 4.5% decline, while the company’s latest quarterly EPS of $0.23 missed the $0.36 consensus estimate.
  • Five stocks to consider instead of Aya Gold & Silver.

Boussard & Gavaudan Gestion Sas purchased 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 SEC. The institutional investor purchased 117,967 shares of the company's stock, valued at approximately $2,191,000. Boussard & Gavaudan Gestion Sas owned 0.08% of Aya Gold & Silver as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Aya Gold & Silver in the second quarter valued at about $502,000. Quantbot Technologies LP purchased a new stake in shares of Aya Gold & Silver during the second quarter worth about $557,000. Alberta Investment Management Corp purchased a new stake in shares of Aya Gold & Silver during the second quarter worth about $663,000. Public Employees Retirement System of Ohio bought a new stake in shares of Aya Gold & Silver in the second quarter worth about $673,000. Finally, Cibc World Market Inc. bought a new stake in shares of Aya Gold & Silver in the second quarter worth about $1,509,000.

Analyst Ratings Changes

A number of research firms have commented on AYA. Scotiabank raised Aya Gold & Silver to a "strong-buy" rating in a research report on Wednesday, May 20th. Desjardins upgraded Aya Gold & Silver to a "moderate buy" rating in a research report on Friday, May 15th. Weiss Ratings downgraded Aya Gold & Silver from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, June 3rd. Finally, Zacks Research upgraded Aya Gold & Silver from a "hold" rating to a "strong-buy" rating in a report on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Buy".

View Our Latest Analysis on AYA

Aya Gold & Silver Trading Down 4.5%

Shares of AYA opened at $27.97 on Friday. Aya Gold & Silver Inc. has a 1-year low of $15.84 and a 1-year high of $30.24. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.02 and a quick ratio of 1.70. The company's 50-day moving average is $22.21. The company has a market cap of $4.03 billion and a price-to-earnings ratio of 49.95.

Aya Gold & Silver (NASDAQ:AYA - Get Free Report) last released its quarterly earnings results 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 return on equity of 25.49% and a net margin of 32.92%. On average, research analysts forecast that Aya Gold & Silver Inc. will post 1.11 EPS for the current fiscal year.

Aya Gold & Silver Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Aya Gold & Silver (NASDAQ:AYA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Aya Gold & Silver Right Now?

Before you consider Aya Gold & Silver, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aya Gold & Silver wasn't on the list.

While Aya Gold & Silver currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Blue-Chip Stocks to Add To Your Forever Portfolio Cover

A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership.

This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines