tiprankstipranks
Trending News
More News >

Aya Gold & Silver Reports Strong May Production at Zgounder Mine

Story Highlights
Aya Gold & Silver Reports Strong May Production at Zgounder Mine

Confident Investing Starts Here:

Aya Gold & Silver ( (TSE:AYA) ) has issued an update.

Aya Gold & Silver Inc. reported strong silver production results for May at its Zgounder Silver Mine in Morocco, with silver recoveries reaching 88% and mill throughput exceeding expectations. The company is ahead of its ramp-up schedule, with open-pit expansion and increased milling capacity positioning it for a robust second half of the year, highlighting the mine’s full potential.

The most recent analyst rating on (TSE:AYA) stock is a Buy with a C$23.00 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.

Aya Gold & Silver’s overall stock score reflects strong corporate events and positive earnings call highlights. However, negative profitability and valuation concerns weigh down the score, with technical indicators providing mixed signals.

To see Spark’s full report on TSE:AYA stock, click here.

More about Aya Gold & Silver

Aya Gold & Silver Inc. is a rapidly growing, Canada-based silver producer operating in the Kingdom of Morocco. It is the only TSX-listed pure silver mining company, managing the high-grade Zgounder Silver Mine and exploring properties along the South-Atlas Fault, known for past-producing mines and historical resources. The company focuses on maximizing shareholder value through sustainable operations, governance, and financial growth.

Average Trading Volume: 1,163,635

Technical Sentiment Signal: Buy

Current Market Cap: C$1.82B

Learn more about AYA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1