Aya Gold & Silver Inc. (TSX: AYA, NASDAQ: AYA) reported Q3 2026 revenue of $103M, up 90% YoY, with net income of $35M, up 182%
Aya Gold & Silver Inc. (TSX: AYA, NASDAQ: AYA) reported Q3 2026 revenue of $103M, up 90% YoY, with net income of $35M, up 182%. Production reached 2.0 Moz AgEq, up 51% YoY. Cash costs per ounce sold were $15.51, down 25% YoY. The company raised its 2026 production guidance for Zgounder to 5.6-5.8 Moz. Exploration and development activities advanced, including an updated PEA for Boumadine.
How this was made

The 30-second read
Why it matters
The earnings beat and guidance raise suggest a bullish catalyst for the stock, with potential upside as investors reassess valuation.
Market read
First-report earnings release with material financial improvements; likely to move the stock in the short term.
What to watch
Higher cash costs in future quarters or execution risk on expanded exploration could temper upside.
Background
Aya Gold & Silver Inc. released its Q3 2026 financial and operational results, highlighting significant revenue and profit growth and an upward revision to production guidance.
Ticker impact
Aya Gold & Silver reported Q3 2026 revenue of $103M, net income $35M and raised low-end 2026 production guidance.
potential upside as investors price in higher revenue, profit and improved guidance.
Quarterly results exceed prior expectations, cash flow is robust and guidance was increased, which typically drives buying pressure.
Market effects
Positive earnings may lift other junior miners and silver producers.
Supports sentiment for Canadian and U.S. mining stocks.
Limited to precious metals sector, no broad macro impact.
Counterpoint
If the market has already priced in the strong results, the stock could face short-term profit taking.
Key entities
- companyAya Gold & Silver Inc.
Junior precious metals miner listed on NASDAQ/TSX.
- executiveBenoit La Salle
President & CEO of Aya Gold & Silver.
