Boussard & Gavaudan Gestion Sas Makes New $2.19 Million Investment in Aya Gold & Silver Inc. $AYA

Boussard & Gavaudan Gestion Sas acquired a new stake in shares of Aya Gold & Silver Inc. (NASDAQ:AYA) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 117,967 shares of the company’s stock, valued at approximately $2,191,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AYA. BlackRock Inc. bought a new stake in shares of Aya Gold & Silver during the 2nd quarter valued at $502,000. Quantbot Technologies LP bought a new position in shares of Aya Gold & Silver in the 2nd quarter worth about $557,000. Alberta Investment Management Corp bought a new position in shares of Aya Gold & Silver in the 2nd quarter worth about $663,000. Public Employees Retirement System of Ohio purchased a new position in Aya Gold & Silver during the 2nd quarter valued at about $673,000. Finally, Cibc World Market Inc. purchased a new position in Aya Gold & Silver during the 2nd quarter valued at about $1,509,000.

Aya Gold & Silver Stock Down 4.5%

Shares of NASDAQ AYA opened at $27.97 on Friday. The stock has a market cap of $4.03 billion and a price-to-earnings ratio of 49.95. Aya Gold & Silver Inc. has a twelve month low of $15.84 and a twelve month high of $30.24. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.70 and a current ratio of 2.02. The stock has a 50 day moving average price of $22.21.

Aya Gold & Silver (NASDAQ:AYA) last issued its 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 net margin of 32.92% and a return on equity of 25.49%. As a group, equities analysts expect that Aya Gold & Silver Inc. will post 1.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Scotiabank upgraded shares of Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, May 20th. Weiss Ratings lowered shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Zacks Research raised Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Finally, Desjardins upgraded Aya Gold & Silver to a “moderate buy” rating in a research note on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aya Gold & Silver currently has a consensus rating of “Buy”.

Aya Gold & Silver 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.