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Aya Gold & Silver ( (TSE:AYA) ) has provided an update.
Aya Gold & Silver has launched a feasibility-level work program for its Boumadine polymetallic project in Morocco, accelerating development following a positive 2025 preliminary economic assessment. The company has engaged several leading engineering and technical firms to optimize project design, refine capital and operating cost estimates, and advance multiple workstreams in parallel under an existing mining permit.
The feasibility study aims to de-risk and potentially enhance an 11-year scalable mine plan, including evaluating higher plant throughput as resources grow. Key components include a 360,000-metre infill and step-out drilling campaign, an updated mineral resource estimate targeted for the second half of 2026, detailed metallurgical testwork, process engineering, and geotechnical investigations, with completion of the feasibility study planned for the second half of 2027.
Progress on drilling, resource conversion and technical studies is intended to provide the geological confidence and engineering detail needed to support reserve estimation and final mine design. For stakeholders, the accelerated schedule and involvement of established firms signal a push to rapidly advance Boumadine toward construction readiness, potentially strengthening Aya’s production pipeline and strategic position in the precious and base metals sector.
The most recent analyst rating on (TSE:AYA) stock is a Buy with a C$39.00 price target. To see the full list of analyst forecasts on Aya Gold & Silver stock, see the TSE:AYA Stock Forecast page.
Spark’s Take on TSE:AYA Stock
According to Spark, TipRanks’ AI Analyst, TSE:AYA is a Neutral.
The score is driven by strong growth and a conservative balance sheet, supported by positive operational momentum from the latest earnings call. Offsetting this are weak underlying profitability/cash flow trends and a highly unattractive valuation (very high P/E), while technicals show strength but appear overextended.
To see Spark’s full report on TSE:AYA stock, click here.
More about Aya Gold & Silver
Aya Gold & Silver Inc. is a precious and base metals mining company focused on advancing polymetallic projects in the Kingdom of Morocco. Its Boumadine project is envisioned as a district-scale operation combining open-pit and underground mining to produce zinc, lead and pyrite concentrates, with revenues driven primarily by gold and silver.
Average Trading Volume: 1,804,564
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$3.38B
Learn more about AYA stock on TipRanks’ Stock Analysis page.