Edmond DE Rothschild Holding S.A. Invests $5.14 Million in Aya Gold & Silver Inc. $AYA

Edmond DE Rothschild Holding S.A. bought a new position in Aya Gold & Silver Inc. (NASDAQ:AYA) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 272,666 shares of the company’s stock, valued at approximately $5,145,000. Edmond DE Rothschild Holding S.A. owned about 0.19% of Aya Gold & Silver at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in AYA. BlackRock Inc. bought a new position in shares of Aya Gold & Silver in the second quarter valued at approximately $502,000. Alberta Investment Management Corp purchased a new stake in Aya Gold & Silver in the 2nd quarter valued at $663,000. Finally, Deutsche Bank AG bought a new position in Aya Gold & Silver during the 2nd quarter valued at $26,946,000.

Aya Gold & Silver Price Performance

NASDAQ:AYA opened at $27.25 on Thursday. The stock has a market capitalization of $3.92 billion and a P/E ratio of 48.66. The stock has a fifty day moving average price of $21.11. The company has a quick ratio of 1.70, a current ratio of 2.02 and a debt-to-equity ratio of 0.11. Aya Gold & Silver Inc. has a 1 year low of $15.84 and a 1 year high of $28.89.

Aya Gold & Silver (NASDAQ:AYA) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.13). Aya Gold & Silver had a net margin of 32.92% and a return on equity of 25.49%. As a group, analysts anticipate that Aya Gold & Silver Inc. will post 1.12 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AYA. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Friday, May 15th. Weiss Ratings downgraded shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a research note on Wednesday, May 20th. Finally, Zacks Research upgraded Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Aya Gold & Silver Company Profile

Aya Gold & Silver is a precious metals company focused on the exploration, development, and production of silver and gold. The company is best known for its operations in Morocco, where it is advancing and operating assets within the country’s mining sector.

The company’s business activities center on identifying, developing, and optimizing mineral resources, with an emphasis on silver production and related byproducts. Aya Gold & Silver is involved in the full mining lifecycle, from exploration and resource definition through to mine development and operations.

Founded as a Canadian mining company, Aya Gold & Silver has built its portfolio around North African mineral assets and continues to concentrate on expanding its presence in Morocco.