Aya Gold & Silver Inc.: Aya Gold & Silver Reports High-Grade Silver Exploration Results Near Pit and at Depth at Zgounder

Aya Gold & Silver updated its Boumadine project's after-tax NPV to $3.5B (C$4.8B), up from a prior estimate, citing higher metal prices and improved payabilities. The project has a 93% IRR and 0.7-year payback at assumed gold and silver prices. Aya plans to fund it via cash flow and debt. Analysts' reactions varied, with BMO more cautious and Desjardins bullish. AYA shares rose 2.8% on the news before retreating.

Aya Gold & Silver (TSX: AYA) updated its Boumadine mine plan, doubling the after-tax NPV to $3.5B and raising the IRR to 93%. The project's mine life extended to 14 years, with increased silver production and improved capital efficiency. Initial capex is $463M, with a 0.7-year payback period.

Aya Gold & Silver updated its Preliminary Economic Assessment for the Boumadine Project, doubling the after-tax NPV to $3.5B with a 93% IRR. The project's mine life extended to 14 years, with increased metal payability and capital efficiency. Aya plans to fund development through cash flow and debt.

TSX:AYA stock rose 6.82% on August 27, 2026, following strong Q2 2026 results. Aya Gold & Silver reported record production of 1.68 million silver-equivalent ounces, up 61% YoY, and revenue of US$97 million, up 151% YoY. Net income increased 305% to US$35 million, with operating cash flow surging 522% to US$48 million. The company's average realized silver-equivalent price was US$64.22 per ounce, up 90% YoY. Growth at the Zgounder mine and potential at the Boumadine project are key drivers.

Aya Gold & Silver reported Q2 2026 revenue of $96.8M, up 151% YoY, and net income of $35M, up 305% YoY. Silver production increased 61% YoY to 1.7M oz, driven by Zgounder expansion. Cash costs decreased 21% YoY. The company completed a NASDAQ listing and acquired mineral permits. Management expects to publish an updated PEA for Boumadine in September 2026.

Aya Gold & Silver Inc. (TSX: AYA, NASDAQ: AYA) reported Q2 2026 results for the quarter ended June 30, 2026. Revenue rose to $97M (+151% YoY) and net income increased to $35M. Operating cash flow was $48M. Consolidated production reached 1.7 Moz AgEq (+61% YoY) with cash costs of $16.82/oz AgEq. Cash and cash equivalents were $183M.