Quarterly ResultMay 14, 2026, 07:01 AM
Aya Gold & Silver Q1 Revenue $117M (+247%); Net Income $49M (+600%)
AI Summary
Aya Gold & Silver Inc. reported strong Q1 2026 financial results, with revenue soaring 247% year-over-year to $117 million and net income increasing 600% to $49 million. Operating cash flow also saw a significant jump of 785% to $70 million. Despite weather-related disruptions impacting Zgounder's silver production, consolidated silver equivalent production rose 40% YoY, and the Boumadine pyrite reclaim operation continued its ramp-up. The company also announced board renewal plans and reiterated its full-year guidance, supported by a strong balance sheet and ongoing project development.
Key Highlights
- Revenue increased 247% YoY and 56% QoQ to $117 million.
- Net income rose 600% YoY and 165% QoQ to $49 million (basic EPS $0.34).
- Operating cash flow surged 785% YoY and 107% QoQ to $70 million.
- Consolidated production reached 1.5 Moz AgEq, up 40% YoY.
- Cash and cash equivalents stood at $172 million.
- Zgounder silver production was 1.3 Moz, down 8% QoQ due to weather, but has normalized.
- Boumadine drilling completed 42,827m, confirming continuity and a new mineralized structure.
- Board renewal proposed Ghislane Guedira as Chair and nominated two new independent directors.