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

Aya Gold & Silver (NASDAQ:AYA) announced its earnings results on Thursday. The company reported $0.22 EPS for the quarter, missing the consensus estimate 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 Stock Performance

NASDAQ:AYA traded up $0.43 during mid-day trading on Friday, reaching $23.29. 199,639 shares of the company’s stock were exchanged, compared to its average volume of 784,545. Aya Gold & Silver has a one year low of $15.84 and a one year high of $30.67. The stock has a market capitalization of $3.36 billion and a price-to-earnings ratio of 41.67. The business’s fifty day moving average is $26.50. The company has a quick ratio of 1.70, a current ratio of 2.02 and a debt-to-equity ratio of 0.11.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Aya Gold & Silver has an average rating of “Buy”.

Aya Gold & Silver Company Profile

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.