Canada's Aya Gold & Silver Q2 revenue jumps on higher prices and sales volumes

Aya Gold & Silver (Quebec)

13/08/2026 21:22

Overview
Canada precious metals miner's Q2 revenue rose 151% yr/yr on higher prices and sales volumes
Net income for Q2 climbed 305% yr/yr to $35 mln
Company completed acquisition of Moroccan exploration portfolio in August

Outlook
Company says 2026 operational outlook remains unchanged from March 31, 2026 disclosure

Result Drivers
HIGHER PRICES - Co said revenue growth was driven by a 90% yr/yr increase in average net realized silver equivalent price
INCREASED PRODUCTION - Co attributed higher net income and cash flow to stronger production and increased consolidated ounces sold
OPERATIONAL IMPROVEMENTS - Record mining and processing rates at Zgounder led to lower cash costs and increased operating leverage

Company press release: ID:nGNX5Y31Fh

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$97 mln
$121 mln (1 Analyst)
Q2 Net Income
 
$35 mln
 
Q2 Operating Cash Flow
 
$48 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the NOT AVAILABLE peer group is "buy"
Wall Street's median 12-month price target for Aya Gold & Silver Inc (Quebec) is C$35.00, about 10.5% below its August 12 closing price of C$39.09
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Aug 13 - Canada's Discovery Silver Q2 revenue more than doubles, helped by Kidd Operations acquisition
Aug 12 - Canada's Avino Q2 revenue rises on higher silver prices
Aug 12 - Canada's Pan American Silver Q2 adjusted EPS misses estimates on lower gold output

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)