TSE:AYA FY2024 EPS Forecast Cut by National Bank Financial

Aya Gold & Silver Inc. (TSE:AYA) – Investment analysts at National Bank Financial dropped their FY2024 earnings per share (EPS) estimates for shares of Aya Gold & Silver in a report issued on Monday, February 10th. National Bank Financial analyst D. Demarco now expects that the company will earn $0.00 per share for the year, down from their previous forecast of $0.03. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share. National Bank Financial also issued estimates for Aya Gold & Silver’s Q4 2024 earnings at ($0.01) EPS.

AYA has been the subject of several other reports. Stifel Nicolaus reduced their price objective on Aya Gold & Silver from C$23.00 to C$22.25 in a research note on Monday, November 25th. Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a research note on Thursday, October 31st. Cormark reduced their price objective on Aya Gold & Silver from C$14.00 to C$13.00 in a research note on Thursday, January 30th. National Bankshares reduced their price objective on Aya Gold & Silver from C$21.25 to C$20.75 and set an “outperform” rating for the company in a research note on Tuesday. Finally, CIBC set a C$24.00 price target on Aya Gold & Silver and gave the stock an “outperform” rating in a research note on Friday, November 22nd. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Aya Gold & Silver currently has a consensus rating of “Buy” and a consensus target price of C$21.31.

Aya Gold & Silver Price Performance

TSE AYA opened at C$12.16 on Wednesday. The company has a debt-to-equity ratio of 36.42, a current ratio of 2.66 and a quick ratio of 3.28. The stock has a market capitalization of C$1.59 billion, a price-to-earnings ratio of 135.11 and a beta of 1.40. Aya Gold & Silver has a 1-year low of C$9.40 and a 1-year high of C$19.56. The business’s fifty day moving average price is C$11.74 and its 200-day moving average price is C$14.33.

Insiders Place Their Bets

In other Aya Gold & Silver news, Senior Officer Ugo Landry-Tolszczuk sold 38,591 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of C$11.29, for a total transaction of C$435,761.85. Also, Senior Officer Alex Ball sold 30,000 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of C$12.00, for a total transaction of C$360,000.00. In the last quarter, insiders sold 152,835 shares of company stock worth $1,761,507. 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.