Susquehanna Fundamental Investments LLC Makes New Investment in Aya Gold & Silver Inc. $AYA

Susquehanna Fundamental Investments LLC acquired a new stake in Aya Gold & Silver Inc. (NASDAQ:AYA) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 38,500 shares of the company’s stock, valued at approximately $729,000.

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

Aya Gold & Silver Trading Up 7.5%

NASDAQ:AYA opened at $28.35 on Thursday. The stock has a 50-day moving average of $22.76. The stock has a market cap of $4.08 billion and a PE ratio of 50.62. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.70 and a current ratio of 2.02. Aya Gold & Silver Inc. has a 12 month low of $15.84 and a 12 month high of $30.24.

Aya Gold & Silver (NASDAQ:AYA) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.23 earnings per share (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%. Equities analysts forecast that Aya Gold & Silver Inc. will post 1.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AYA. Desjardins upgraded shares of Aya Gold & Silver to a “moderate buy” rating in a report on Friday, May 15th. Zacks Research upgraded 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 report on Monday. Finally, Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a report on Wednesday, May 20th. 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

About Aya Gold & Silver

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.