Wednesday, September 17, 2025

Aya Gold & Silver Reports Revenues Of $8.5 Million For Q1

Aya Gold & Silver Inc. (TSX: AYA) shared today its operational and financial results for Q1 2021, recording silver production of 389,132 ounces. This is an increase from Q1 2020’s silver production of 67,005 ounces.

Aya Gold & Silver posted quarterly revenue of $8.5 million, up from last year’s $0.5 million. Gross profit also improved to $4.6 million compared to last year’s negative gross margin of $41,884. This led to the company recording net earnings of $0.8 million for the quarter, a climb from Q1 2020’s net loss of $0.4 million, which translates to $0.009 earnings per share.

The company sold 352,019 silver ounces this quarter, compared to last year’s 21,110 ounces. Production wise, the average silver grade for Q1 2021 is at 296 g/t, an increase from last year’s 223 g/t.

The company ended the quarter with $31.8 million of cash, cash equivalents, and restricted cash, up from $14.8 million for the comparable period last year.

Aya Gold & Silver Inc. last traded at $7.08 on the TSX.


Information for this briefing was found via Sedar and Aya Gold & Silver. 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.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Silver Futures Continue To Breakout, Rise Above $23

While much of the world is under some form of economic turmoil amid the coronavirus...

Wednesday, July 22, 2020, 12:56:34 PM

Northern Vertex Intersects 9.15 Metres Of 4.90 G/T Gold, 57.18 G/T Silver At Moss Mine

Northern Vertex Mining (TSXV: NEE) this morning released results from its infill and expansion drill...

Tuesday, May 18, 2021, 07:40:18 AM

Vizsla Resources Reports 3,581 G/T Silver Equivalent Over 1.15 Metres At Panuco Project

Vizsla Resources (TSXV: VZLA) continues to find impressive grades of silver at its Panuco, Mexico...

Thursday, September 3, 2020, 08:16:20 AM

VanGold Acquires El Cubo Mine & Mill From Endeavour Silver For US$15.0 Million

VanGold Mining (TSXV: VGLD) announced that it has entered into a definitive agreement with Endeavour...

Wednesday, March 17, 2021, 07:57:17 AM

SSR Mining Sells Pitarrilla Project To Endeavour Silver For Cash And Shares

SSR Mining (TSX: SSRM) this morning continued its process of monetizing non-core assets. The firm...

Thursday, January 13, 2022, 08:01:28 AM