Aya Gold & Silver Secures Financial Completion for Zgounder Mine Expansion

Aya Gold & Silver ( (TSE:AYA) ) just unveiled an update.

Aya Gold & Silver has achieved financial completion under its US$100 million project loan with the European Bank for Reconstruction and Development for the expansion of its Zgounder silver mine in Morocco, following a detailed technical and financial review that confirms the mine’s successful move to commercial production and compliance with financial and environmental-social commitments. The milestone reduces the company’s security guarantees and restricted cash requirements, underscores lender confidence in Zgounder’s performance above design capacity, and is expected to strengthen Aya’s free cash flow profile and support the next phase of growth for its Moroccan-focused precious metals portfolio.

The most recent analyst rating on (TSE:AYA) stock is a Buy with a C$25.00 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 strong technical indicators and positive earnings call contribute significantly to its score. However, high valuation concerns and profitability challenges weigh down the overall score. The company’s robust growth and operational performance are promising, but financial efficiency and cost management need improvement.

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

More about Aya Gold & Silver

Aya Gold & Silver is a Canadian precious metals mining company focused on Morocco, operating across the full mining value chain with a technology-driven exploration strategy along the Anti-Atlas Fault. Its flagship asset is Zgounder, a silver-only mine producing silver doré from an expanded processing facility, complemented by the Boumadine polymetallic project, where feasibility work is advancing on a substantial mineral resource with significant exploration potential.

Average Trading Volume: 1,526,654

Technical Sentiment Signal: Buy

Current Market Cap: C$3.18B

For detailed information about AYA stock, go to TipRanks’ Stock Analysis page.