35,530 Shares in Aya Gold & Silver Inc. $AYA Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new stake in Aya Gold & Silver Inc. (NASDAQ:AYA) during the second quarter, Holdings Channel reports. The fund bought 35,530 shares of the company’s stock, valued at approximately $673,000.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Aya Gold & Silver during the second quarter valued at about $502,000. Quantbot Technologies LP purchased a new position in shares of Aya Gold & Silver in the 2nd quarter worth about $557,000. Alberta Investment Management Corp acquired a new position in shares of Aya Gold & Silver in the 2nd quarter valued at about $663,000. Cibc World Market Inc. purchased a new stake in shares of Aya Gold & Silver during the 2nd quarter worth about $1,509,000. Finally, Legal & General Group Plc purchased a new stake in shares of Aya Gold & Silver during the 2nd quarter worth about $2,444,000.

Wall Street Analyst Weigh In

Several research analysts recently commented on AYA shares. Zacks Research upgraded shares of Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Aya Gold & Silver in a research note on Monday, August 31st. Scotiabank raised shares of Aya Gold & Silver to a “strong-buy” rating in a research report on Wednesday, May 20th. Finally, Desjardins raised shares of Aya Gold & Silver to a “moderate buy” rating in a research note on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Aya Gold & Silver Stock Performance

AYA stock opened at $29.89 on Thursday. The firm has a market capitalization of $4.30 billion and a price-to-earnings ratio of 53.37. The company has a current ratio of 2.02, a quick ratio of 1.70 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 $30.40. The company has a 50-day moving average of $23.79.

Aya Gold & Silver (NASDAQ:AYA) last released its quarterly earnings results on Thursday, August 13th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.13). Aya Gold & Silver had a return on equity of 25.49% and a net margin of 32.92%. On average, equities research analysts predict that Aya Gold & Silver Inc. will post 1.11 EPS for the current year.

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.