Morocco miner Aya Gold & Silver's Q1 revenue jumps 247% on higher prices

Aya Gold & Silver

14/05/2026 12:14

Overview

Morocco precious metals miner's Q1 revenue rose 247% yr/yr on higher silver prices, sales volume

Q1 net income climbed 600% yr/yr, supported by stronger operating income

Company says Zgounder mine production normalized after weather-related disruptions in Q1

Outlook

Aya Gold & Silver maintains 2026 operational guidance disclosed in its March 31, 2026 release

Company targets sustained Zgounder plant throughput of 3,650 tpd, with potential increase to 3,850 tpd

Boumadine feasibility work advancing; updated PEA expected in H2-2026

Result Drivers

HIGHER SILVER PRICES AND SALES - Revenue and operating cash flow rose sharply due to higher average net realized silver equivalent prices and increased ounces sold

COST CONTROL - Lower cash costs, especially at Zgounder, supported margin expansion as the company focused on ore-rich zones and reduced strip ratio during weather disruptions

Company press release: ID:nGNX3M8NrW

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$117 mln
Q1 Net Income
$49 mln
Q1 Operating Cash Flow
$70 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)