08:24 AM EDT, 05/09/2025 (MT Newswires) -- Aya Gold & Silver ( AYASF ) , which rose more than 2% yesterday, reported Friday a surge in silver production over the first quarter, on "continued operational progress" at its Zgounder Silver Mine in Morocco, "driven by a strong mine ramp up, exceptional mill performance, a clear path to improve recovery, and solid April production".
For Q1 2025, the company produced nearly 1.1 million ounces of silver, jumping from 366,362 ounces. April production stood at 345,550 ounces.
"Our fundamentals are strong, the ramp up is on track, and the results are showing -- mine production is up 64% since January," said Benoit La Salle, Aya's president and CEO.
Aya also reaffirmed its 2025 guidance.
"We've seen a recovery improvement in May, and April's performance confirms that we're maximizing throughput, strengthening free cash flow, and driving down costs," La Salle said.
Aya's share price gained $0.21 to $10 on the TSX.