Aya Gold & Silver Secures $25M EBRD Credit Facility for Moroccan Growth

The latest announcement is out from Aya Gold & Silver ( (TSE:AYA) ).

Aya Gold & Silver has secured a US$25 million credit facility from the European Bank for Reconstruction and Development to support its growth strategy in Morocco, particularly the development of the Boumadine polymetallic project. This endorsement from EBRD highlights Aya’s strong operational and financial track record, reinforcing its leadership position in Morocco and its commitment to sustainable growth, while enhancing financial flexibility and strengthening its balance sheet.

The most recent analyst rating on (TSE:AYA) stock is a Buy with a C$22.0000 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 stock score reflects significant financial and operational challenges, such as declining profitability and increasing debt. However, promising corporate events and expansion plans provide some optimism. The negative market momentum and unattractive valuation weigh heavily on the stock’s overall appeal.

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 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, with a focus on sustainability and maximizing shareholder value.

Average Trading Volume: 976,944

Technical Sentiment Signal: Hold

Current Market Cap: C$1.31B

See more data about AYA stock on TipRanks’ Stock Analysis page.