Public Employees Retirement System of Ohio Buys Shares of 35,530 Aya Gold & Silver Inc. $AYA

Key Points

• Public Employees Retirement System of Ohio purchased 35,530 Aya Gold & Silver shares worth approximately $673,000 in the second quarter. Several other institutional investors, including Legal & General and CIBC World Markets, also initiated positions.
• Aya Gold & Silver shares rose 2.5% to $29.89, near the company’s 52-week high of $30.40. The stock has a $4.30 billion market capitalization and trades at a price-to-earnings ratio of 53.37.
• The company reported quarterly EPS of $0.23, missing analyst estimates of $0.36, while analysts maintain a consensus “Buy” rating and expect full-year EPS of $1.11.

Public Employees Retirement System of Ohio purchased a new position in shares of Aya Gold & Silver Inc. (NASDAQ:AYA - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 35,530 shares of the company's stock, valued at approximately $673,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new position in Aya Gold & Silver during the 2nd quarter valued at about $502,000. Quantbot Technologies LP acquired a new stake in shares of Aya Gold & Silver in the second quarter valued at approximately $557,000. Alberta Investment Management Corp purchased a new position in shares of Aya Gold & Silver during the 2nd quarter worth approximately $663,000. Cibc World Market Inc. acquired a new position in shares of Aya Gold & Silver during the 2nd quarter worth approximately $1,509,000. Finally, Legal & General Group Plc purchased a new stake in Aya Gold & Silver in the 2nd quarter valued at approximately $2,444,000.

Aya Gold & Silver Stock Up 2.5%

Shares of Aya Gold & Silver stock opened at $29.89 on Thursday. Aya Gold & Silver Inc. has a fifty-two week low of $15.84 and a fifty-two week high of $30.40. The business's fifty day simple moving average is $23.79. The company has a current ratio of 2.02, a quick ratio of 1.70 and a debt-to-equity ratio of 0.11. The stock has a market cap of $4.30 billion and a price-to-earnings ratio of 53.37.

Aya Gold & Silver (NASDAQ:AYA - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.23 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%. Equities research analysts anticipate that Aya Gold & Silver Inc. will post 1.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on AYA shares. Scotiabank raised Aya Gold & Silver to a "strong-buy" rating in a research report on Wednesday, May 20th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Aya Gold & Silver in a research note on Monday, August 31st. Zacks Research upgraded Aya Gold & Silver from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 13th. Finally, Desjardins raised shares of Aya Gold & Silver to a "moderate buy" rating in a research note on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Aya Gold & Silver currently has a consensus 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.

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