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

Boussard & Gavaudan Gestion Sas purchased a new stake in shares of Aya Gold & Silver Inc. (NASDAQ:AYA) 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”.

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) 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

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.