Aya Gold & Silver (TSX: AYA) has seen better days.
The equity was down by 10% on Thursday as a result of their third quarter earnings, which, based on price action, clearly disappointed investors. They suspected the disappointment in advance however, labeling Q3 as a “transition quarter” in what we suspect was an effort to soften the blow from investors.
It’s not so clear that that strategy worked however.
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Lets dive in.
Information for this briefing was found via Sedar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
