Sector: Basic Materials | Industry: Non-Gold Precious Metals & Minerals |
Company Contact | |
Address: | 1320 Graham, suite 132 VILLE MONT ROYAL QC H3P 3C8 |
Tel: | 1-647-9192227 |
Website: | https://ayagoldsilver.com |
IR: | See website |
Key People | ||
Benoit La Salle President, Chief Executive Officer, Director | Ugo Landry-Tolszczuk Chief Financial Officer | Raphael Beaudoin Vice President - Operations |
Alex Ball Vice-President, Corporate Development & Investor Relations | Elias J. Elias Vice-President, Legal and Corporate Secretary | Mustapha El Ouafi President - General Manager, Morocco |
Business Overview |
Aya Gold & Silver Inc. (Aya) is a Canada-based silver producer with operations in the Kingdom of Morocco. The Company operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault. The Zgounder Silver Mine is an underground silver mine located approximately 260 kilometers (km) east of Agadir in Morocco. The Zgounder mining permit covers over 16 square kilometers (km2). It owns 100% of Zgounder Millennium Silver Mine S.A (ZMSM), which owns the Zgounder property. It also owns 85% of the Boumadine polymetallic project and owns the permits related to the Amizmiz, Azegour, Zgounder Regional and Imiter bis properties. All of these properties are located in the Kingdom of Morocco. Aya owns 75% of the Tijirit project located in Mauritania. Aya also owns Tirzzit Project, which consists of seven permits located approximately 25 km from the Zgounder property. Its wholly owned subsidiary is Aya Gold & Silver Morocco S.A. |
Financial Overview |
For the nine months ended 30 September 2023, Aya Gold & Silver Inc revenues increased 28% to $31.8M. Net income totaled $1.7M vs. loss of $1.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Corporate segment loss decrease of 69% to $2.1M, Production (Zgounder Silver Mine - Morocco) segment income increase of 4% to $5.9M. |
Employees: | 400 as of Mar 21, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,443M as of Sep 30, 2023 |
Annual revenue (TTM): | $61.07M as of Sep 30, 2023 |
EBITDA (TTM): | $18.26M as of Sep 30, 2023 |
Net annual income (TTM): | $4.48M as of Sep 30, 2023 |
Free cash flow (TTM): | -$124.00M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 130,046,603 as of Feb 14, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |