
Aya Gold & Silver Q2 revenue up 182%, beats estimates

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Aya Gold & Silver reported a 182% YoY increase in Q2 revenue, reaching $38.6 million, surpassing analyst expectations. Silver production rose 141% YoY to 1.04 million ounces, driven by the ramp-up of the Zgounder plant. The company ended Q2 with $114 million in cash after closing a C$144 million financing. Analysts maintain a "buy" rating, with a median 12-month price target of C$20.00, reflecting a potential 38.1% upside from its recent trading price of C$12.39.
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