Man Group plc Makes New Investment in Aya Gold & Silver Inc. $AYA

Man Group plc bought a new stake in shares of Aya Gold & Silver Inc. (NASDAQ:AYA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 160,200 shares of the company’s stock, valued at approximately $3,033,000. Man Group plc owned approximately 0.11% of Aya Gold & Silver at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of AYA. BlackRock Inc. purchased a new stake in Aya Gold & Silver in the second quarter worth about $502,000. Quantbot Technologies LP purchased a new position in shares of Aya Gold & Silver during the 2nd quarter worth approximately $557,000. Alberta Investment Management Corp bought a new position in shares of Aya Gold & Silver in the 2nd quarter worth approximately $663,000. Cibc World Market Inc. bought a new position in shares of Aya Gold & Silver in the 2nd quarter worth approximately $1,509,000. Finally, Legal & General Group Plc purchased a new position in shares of Aya Gold & Silver in the 2nd quarter valued at approximately $2,444,000.

Aya Gold & Silver Stock Down 0.2%

Shares of AYA opened at $27.92 on Tuesday. Aya Gold & Silver Inc. has a twelve month low of $15.84 and a twelve month high of $30.24. The company has a market capitalization of $4.02 billion and a P/E ratio of 49.86. The firm’s 50 day moving average price is $22.37. The company has a quick ratio of 1.70, a current ratio of 2.02 and a debt-to-equity ratio of 0.11.

Aya Gold & Silver (NASDAQ:AYA) last released its quarterly earnings data 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%. On average, sell-side analysts expect that Aya Gold & Silver Inc. will post 1.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AYA. Scotiabank upgraded Aya Gold & Silver to a “strong-buy” rating in a research report on Wednesday, May 20th. Desjardins raised Aya Gold & Silver to a “moderate buy” rating in a research report on Friday, May 15th. Weiss Ratings cut shares of Aya Gold & Silver from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Finally, Zacks Research raised shares of Aya Gold & Silver from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average 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.