Aya Gold & Silver (TSX: AYA) has seen better days.
The equity was down by 10% on Thursday as a result of their third quarter earnings, which, based on price action, clearly disappointed investors. They suspected the disappointment in advance however, labeling Q3 as a “transition quarter” in what we suspect was an effort to soften the blow from investors.
It’s not so clear that that strategy worked however.
Lets dive in.
Information for this briefing was found via Sedar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
