Earnings Alerts

AYA Gold & Silver (AYA) Earnings: Q2 Silver Production Surges to 1.04M Oz with Strong Operational Performance

  • Preliminary silver production for the second quarter was 1.04 million ounces.
  • The Zgounder Silver Mine processed 273,471 tonnes in the second quarter.
  • Silver recovery at the Zgounder Silver Mine was 87% for the second quarter.
  • The mill availability at the Zgounder Silver Mine was at an impressive 98% during the second quarter.
  • Operations at the mine are surpassing expectations in July, with silver recoveries estimated at 94% month-to-date.
  • Mid-month optimization efforts contributed to increased throughput.
  • A record milling rate of 3,464 tonnes per day was achieved on July 21.
  • July’s silver production reached approximately 270,000 ounces by July 21, despite three days of planned downtime.
  • The company’s stock is showing strong market support with 10 buy ratings, 1 hold, and no sell ratings.

A look at Aya Gold & Silver Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE2.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Aya Gold & Silver Inc. is a company that focuses on mineral exploration and development in Morocco. The company’s overall outlook, based on Smartkarma Smart Scores, indicates a promising future. With a strong momentum score of 4, Aya Gold & Silver is showing positive performance and potential for growth in the long term. While the company’s value is rated at 3, indicating a fair valuation, its growth and resilience scores are slightly lower at 2. Additionally, Aya Gold & Silver has a low dividend score of 1, implying that it may not be a significant income generator for investors. Overall, the company’s trajectory seems to be on an upward trend, especially in terms of momentum, suggesting a favorable outlook for investors seeking growth opportunities in the mining sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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