Aya Gold & Silver

Aya Gold & Silver has agreed to buy a 139 km² portfolio of exploration permits in Morocco for C$4.0 million, payable in common shares. The package includes a 19 km² mining licence about 35 km west of the Zgounder mine and contains copper‑silver mineralization with historical samples up to 837 g/t silver and 4.6% copper. Closing is subject to customary conditions such as due diligence, permits in Morocco and Canada, and approval of the Toronto Stock Exchange. Aya plans geochemical, hyperspectral and geophysical surveys as well as mapping and prospecting over the next 12–18 months to assess the exploration potential. » More on de.investing.com

The stock of Aya Gold & Silver climbed intraday to C$41.98 (+7.9%), reaching a new 52-week high. The trigger was a Desjardins upgrade that raised the price target from C$38 to C$55 and reaffirmed the buy recommendation. Earlier target increases by BMO, CIBC and National Bank, together with positive price moves in the silver sector and supportive US markets, amplified the rise. » More on de.investing.com

Aya reported adjusted earnings of $0.23 per share and revenue of $96.79 million for Q2 2026, both well below consensus estimates (EPS expectation $0.3855; revenue forecast $121 million). Silver-equivalent production rose 61% to 1.7 million ounces, operating cash flow was $48 million ($119 million H1) and liquidity stood at $183 million. Management attributes the earnings shortfall to lower realized silver prices and the timing of sales, but reaffirms annual guidance and expects stronger H2 results; Boumadine PEA and further studies are still pending. » More on de.investing.com