Overview

* Aya Gold & Silver ( AYASF ) Q3 revenue rises five-fold, beating analyst expectations

* Record net income of $12.4 mln in Q3, reflecting improved operational performance

* Record silver production of 1.35 mln oz, driven by new Zgounder plant

Outlook

* Company expects milling throughput to remain strong with recoveries exceeding feasibility study rates

* Aya committed to achieving 2025 production goals and optimizing cost profile

* Company plans to provide updated technical report on Zgounder in Q4

Result Drivers

* ZGOUNDER PLANT - Record silver production driven by new Zgounder plant, increasing output and revenue

* HIGHER SILVER PRICES - Revenue boosted by higher average net realized silver price of $39.85/oz

* OPERATIONAL EFFICIENCY - Improved grades and throughput enhanced production and financial results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $54.30 $53 mln

Revenue mln (1

Analyst)

Q3 EPS $0.09

Q3 Net $12.40

Income mln

Q3 $22.40

Operatin mln

g Cash

Flow

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the non-gold precious metals & minerals peer group is "buy"

* Wall Street's median 12-month price target for Aya Gold & Silver Inc ( AYASF ) is C$23.00, about 33.6% above its November 10 closing price of C$15.27

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)