FY2024 EPS Forecast for Aya Gold & Silver Lowered by Analyst

Aya Gold & Silver Inc. (TSE:AYA) – Stock analysts at Desjardins reduced their FY2024 earnings per share (EPS) estimates for shares of Aya Gold & Silver in a report issued on Thursday, November 14th. Desjardins analyst A. Carson now forecasts that the company will earn $0.06 per share for the year, down from their prior forecast of $0.14. Desjardins has a “Moderate Buy” rating on the stock. The consensus estimate for Aya Gold & Silver’s current full-year earnings is $0.64 per share. Desjardins also issued estimates for Aya Gold & Silver’s FY2025 earnings at $0.60 EPS and FY2026 earnings at $0.67 EPS.

Several other research analysts have also recently issued reports on AYA. Cormark cut Aya Gold & Silver from a “speculative buy” rating to a “market perform” rating and cut their target price for the company from C$20.00 to C$14.00 in a research report on Friday. Stifel Nicolaus lifted their price objective on shares of Aya Gold & Silver from C$18.50 to C$23.00 in a research note on Monday, October 21st. BMO Capital Markets set a C$21.50 price objective on shares of Aya Gold & Silver and gave the company an “outperform” rating in a research report on Monday, July 22nd. Finally, National Bankshares cut their target price on shares of Aya Gold & Silver from C$24.00 to C$23.00 and set an “outperform” rating for the company in a research report on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$21.50.

Aya Gold & Silver Trading Up 7.8 %

Shares of AYA stock opened at C$12.72 on Monday. Aya Gold & Silver has a fifty-two week low of C$8.33 and a fifty-two week high of C$19.56. The company has a debt-to-equity ratio of 36.42, a quick ratio of 3.28 and a current ratio of 2.66. The company has a market cap of C$1.66 billion, a P/E ratio of 141.33 and a beta of 1.40. The stock has a 50 day simple moving average of C$16.98 and a two-hundred day simple moving average of C$15.35.

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.