Aya Gold & Silver. TSX. AYA | OTCQX. AYASF – “Behaving like a real mid-tier asset – Consistent, Profitable, and Improving.” – Brien Lundin
✨ Earning 2026 “TOP PICK STATUS” on multiple Institutional Reports. ✨
At a Glance
Shares Issued 141,939,741
Market Cap 2,885,635,000
Year High 20.70 | Year Low 8.52 | Today 20.86 ↗️ 0.58
⚒️ Production Outlook
✅ Zgounder + Boumadine when firing on all cylinders are on track to deliver ~42 million silver-equivalent ounces (AgEq) per year.
✅ At today’s gold and silver prices, Zgounder alone is expected to generate ~USD $200M/year in cash flow and once Boumadine is fully ramped up, potential output could be 4–5x that number, positioning AYA as one of the fastest-growing primary silver producers globally.
✨ Competitive Positioning
No other primary silver producer is building at this scale of growth pipeline.
AYA’s closest silver-focused peer companies trade at US$6–20B market caps
Analyst Coverage 🔬 ↗️
BMO Capital Markets – Kevin O’Halloran
Beacon Securities Limited – Bereket A. Berhe
Cantor Fitzgerald – Mike Kozak
CIBC Capital Markets – Cosmos Chiu
Cormark Securities Inc. – Nicolas Dion, CFA
Desjardins Securities Inc. – Bryce Adams
National Bank Financial – Don DeMarco, MBA, P.Eng, P.Geo
Raymond James – Craig Stanley
Scotiabank – Global Banking and Markets – Ovais Habib
SCP Resource Finance LP – Justin Chan
Stifel Financial Corp. – Ingrid Rico
🏭 Management & Directors
Benoit La Salle FCPA, MBA – President & Chief Executive Officer
Mustapha El Ouafi – President-Managing Director, Morocco
Ugo Landry-Tolszczuk, Ing., CFA – Chief Financial Officer
Alex M. Ball -Vice-President, Corporate Development & IR
Meryem BAROUDI – Director, Human Resources & General Affairs
Raphaël Beaudoin – Vice-President, Operations
David Lalonde – Vice-President, Exploration & Qualified Person
Robert Taub – Chair & Director (independent)
Dr. Jürgen Hambrecht – Lead director (independent)
Yves Grou – Director (independent)
Ghislane Guédira Bennouna – Director (independent)
Annie Torkia Lagacé, EMBA, LL.B, LL.L – Director (independent)
Eloise Martin – Director (independent)
John Burzynski – Director (independent)
Benoit La Salle FCPA, MBA, President & CEO
Benoit.lasalle@ayagoldsilver.com
Alex M. Ball VP, Corporate Development & IR
alex.ball@ayagoldsilver.com
Salisha Ilyas, Investor Relations
salisha.ilyas@ayagoldsilver.com