Aya Gold & Silver (NASDAQ:AYA) Releases Quarterly Earnings Results, Misses Estimates By $0.11 EPS

Aya Gold & Silver (NASDAQ:AYA) posted its quarterly earnings results on Thursday. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.11), Zacks reports. Aya Gold & Silver had a return on equity of 25.49% and a net margin of 32.92%.

Aya Gold & Silver Price Performance

Shares of AYA stock traded down $1.51 during trading hours on Thursday, reaching $22.98. The company had a trading volume of 655,801 shares, compared to its average volume of 786,372. The company has a market capitalization of $3.31 billion and a P/E ratio of 41.03. The firm has a fifty day moving average of $26.61. Aya Gold & Silver has a 12 month low of $15.84 and a 12 month high of $30.67. The company has a current ratio of 2.02, a quick ratio of 1.70 and a debt-to-equity ratio of 0.11.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Aya Gold & Silver from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

About Aya Gold & Silver

Aya Gold & Silver Inc. is a Canadian mining company focused on silver production and mineral exploration in Morocco. Its principal operating asset is the Zgounder Silver Mine in the Anti-Atlas region, where the company mines and processes silver-bearing ore. Aya is also advancing the Boumadine project in eastern Morocco, an exploration-stage gold and polymetallic deposit. Its work there is focused on assessing the project’s mineral potential. The company was formerly known as Maya Gold & Silver and adopted the Aya Gold & Silver name in 2020.