18:27:48 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Aya Gold & Silver Inc
Symbol AYA
Shares Issued 122,472,703
Close 2024-02-07 C$ 10.16
Market Cap C$ 1,244,322,662
Recent Sedar Documents

Globe says Aya Gold & Silver kept at "outperform"

2024-02-07 07:46 ET - In the News

The Globe and Mail reports in its Wednesday, Feb. 7, edition that National Bank Financial analysts, ahead of the start of fourth quarter 2023 earnings season for Canadian precious metals companies, expect 2024 guidance will remain a focus of investors, pointing to "higher year-over-year variability and cost increases across the sector." The Globe's David Leeder writes that Aya Gold & Silver is a top pick for the analysts. They rate Aya Gold "outperform." The analysts gave their share target a 50-cent boost to $14.50. Analysts on average target the shares at $14.64. Analyst Don DeMarco says in a note: "Only pure-play silver producer on the TSX. ... Drives peer-leading production CAGR [compound annual growth rate], peaking at nine million ounces in 2028 per the Zgounder FS (Dec 2021) more than four times the FY23A of two million ounces Ag. Resource accretion compelling with visibility for 150 million ounces (NBF estimate from the current 103 million). Strong operations, with a FY23 guidance beat, while mining rates and throughput buoyant, lending derisking and confidence ahead of expansion completion." The Globe reported on Jan. 16 that Mr. DeMarco rated Aya Gold "outperform," when it was worth $10.21.

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