Aya Gold & Silver Inc. Earnings Recaps
Q3 2025
Nov 12, 2025
Aya Gold & Silver reported a strong Q3 2025, achieving $54 million in revenue and $22 million in cash flow from operations, driven by increased production and operational efficiencies.
Key takeaways
- Produced 1,347,000 ounces of silver, with mill capacity ramping up to 4,000 tonnes per day.
- Strong balance sheet with $129 million in cash, enabling continued development of key assets like Boumadine.
- Significant improvement in underground mining grades and throughput, addressing previous operational challenges.
- Cost per ounce slightly higher than targeted due to increased cyanide costs and open pit grade issues, yet margins are robust at $19 for the quarter.
- Initiated steps for ISO 14001 environmental certification and maintained a focus on health and safety.