# Aya Gold & Silver Inc. (AYA.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$39.97, market value C$5.8 billion.

## Valuation
- **P/E (trailing): 37.4×** (5-yr avg 393.5×, 3-yr avg 139.3×). Aya Gold & Silver Inc. trades at 37.4× trailing earnings, well below its own five-year average of 393.5×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 18.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.06**. A PEG of 0.06 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 12.2×**. Each dollar of revenue is priced at 12.2×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 8.5×**. The shares trade at 8.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 19.6×**. Enterprise value is 19.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 2.4%** (5-yr avg -4.0%). Free cash flow equals 2.4% of the market value, above its five-year average of -4.0%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 2.7%**. The inverse of the P/E: 2.7% of the price is earned each year.

## Profitability
- **Gross margin: 61.3%**. Aya Gold & Silver Inc. keeps 61.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 51.3%**. 51.3% of revenue is left after running the business, an exceptional level.
- **Net margin: 22.5%**. 22.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 11.0%**. 11.0% on shareholders' equity is solid.
- **Return on invested capital: 28.2%**. Return on all capital, debt included, is 28.2%: comfortably above what that capital costs.
- **Return on assets: 17.8%**. Each dollar of assets produces 17.8% of profit.

## Growth
- **Revenue growth (1 yr): 416.7%** (3-yr 74.2%/yr, 5-yr 71.0%/yr). Revenue grew 416.7% over the last year, against 71.0% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 288.2%** (3-yr 217.5%/yr). Earnings per share rose 288.2%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.27**. Debt is 0.27 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Aya Gold & Silver Inc. holds more cash than debt.
- **Interest coverage: 12.0×**. Operating profit covers interest 12.0× over, a safe margin.
- **Current ratio: 1.94** (quick 1.65). Current assets cover the next year's liabilities 1.94 times.
- **Altman Z-score: 18.36**. A Z-score of 18.36 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Aya Gold & Silver Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (10 analysts). 10 analysts cover Aya Gold & Silver Inc.; the consensus is strong_buy, with an average price target of C$41.11 (+3% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 173.6%** (YTD 103.5%, 3-mo 67.4%). The shares are up 173.6% over twelve months including dividends.
- **From 52-week high: -4.8%** (234.5% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 60**. An RSI of 60 is neutral.
- **Beta (1 yr): 4.09** (volatility 83%). Beta of 4.09 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AYA.TO · Page: https://foliofundamentals.com/stocks/aya.to

Not investment advice.