Analyst Cuts FY2025 EPS Estimate for Aya Gold & Silver
Aya Gold & Silver Inc. (TSE:AYA - Free Report) has recently faced a downward revision in its earnings per share (EPS) estimates for fiscal year 2025. According to a research note released by stock analysts at Cormark on March 31st, analyst N. Dion has lowered the EPS forecast for the company from $0.33 to $0.27. This adjustment reflects a more cautious outlook for the company's financial performance.
In comparison, the consensus estimate for Aya Gold & Silver's current full-year earnings stands at $0.64 per share, indicating that while the company is still expected to be profitable this year, the revised estimates suggest a more conservative approach going forward.
Aya Gold & Silver has not only been under the microscope from Cormark but has received attention from various financial institutions. Stifel Nicolaus has set a price target of C$22.50, granting the stock a "buy" rating as of March 19th. Desjardins also adjusted their target price for the company from C$24.00 to C$23.00 and maintained a "buy" rating in a report dated February 13th. Furthermore, National Bankshares reduced their target from C$21.25 to C$20.75, but still assigned an "outperform" rating to the stock.
Stifel Canada upgraded their outlook for Aya Gold & Silver, assigning it a "strong-buy" rating in the same week. CIBC, however, was more conservative by trimming their target price from C$23.00 to C$22.00 while keeping an "outperform" rating for the stock. Overall, there is a mixed range of ratings, with one analyst suggesting a hold rating, while five analysts have issued buy ratings and two have designated the stock as strong buy. According to MarketBeat, the general sentiment for Aya Gold & Silver is still positive, reflected in a consensus rating of "Buy" and an average price target of C$20.72.
Current Stock Performance
As of Tuesday, Aya Gold & Silver's stock opened at C$11.12. The company has demonstrated a 50-day simple moving average of C$11.95 and a 200-day simple moving average of C$13.75. Over the past year, the stock has fluctuated, reaching a low of C$10.12 and a high of C$19.56. With a market capitalization of approximately C$1.03 billion, the company is currently trading at a price-to-earnings (PE) ratio of 131.37, and has a beta of 1.40, indicating some volatility relative to the market. The company maintains a solid balance sheet, with a debt-to-equity ratio of 34.69, a quick ratio of 3.28, and a current ratio of 2.06.
Insider Transactions
In terms of insider activity, notable transactions occurred recently. Senior Officer Alex Ball sold 20,000 shares of the company's stock on January 20th for an average price of C$12.08, totaling approximately C$241,600. In addition, Senior Officer Ugo Landry-Tolszczuk offloaded 38,591 shares on January 2nd, garnering around C$435,761.85 at an average price of C$11.29. In total, insiders have sold 152,835 shares over the past three months, amounting to $1,761,507. Insider ownership currently stands at 10.18% of the company's stock, highlighting stakeholder confidence.
About Aya Gold & Silver
Aya Gold & Silver Inc. is involved in the exploration, evaluation, and development of precious metals projects primarily in Morocco. The company focuses on identifying gold and silver deposits, with its flagship project being the Zgounder property, located about 265 kilometers east of Agadir in the Proterozoic Siroua Massif of the Anti-Atlas Range in Morocco.
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