The latest update is out from Aya Gold & Silver ( (TSE:AYA) ).
Aya Gold & Silver reported a decrease in silver production for 2024, aligning with revised guidance, while revenues from silver sales also saw a decline. Despite increased cash costs due to expansion efforts, the company maintained a robust financial position with significant cash reserves. The completion of the Zgounder Mine expansion marked a pivotal achievement, allowing for commercial production and setting the stage for future growth. The Boumadine exploration program expanded significantly, indicating potential for further resource development. The company is focused on optimizing operations and maximizing profitability as it enters 2025.
More about Aya Gold & Silver
Aya Gold & Silver Inc. operates in the mining industry, focusing primarily on the production and exploration of silver and gold. The company is engaged in mining operations in North Africa, with a significant emphasis on expanding its resource base and optimizing production capabilities.
YTD Price Performance: 14.16%
Average Trading Volume: 760,341
Technical Sentiment Signal: Sell
Current Market Cap: C$1.68B
For a thorough assessment of AYA stock, go to TipRanks’ Stock Analysis page.