Aya Gold & Silver reports $117.2M in Q1 revenue, driven by rising silver prices and increased ounces sold.
Aya Gold & Silver posted Q1 GAAP earnings per share of $0.33 as revenue jumped 247% year-over-year to $117.2M. The surge was fueled by higher average net realized silver equivalent prices and a 1.4M ounce sales volume.
Revenue also rose 56% quarter-over-quarter, outpacing the prior period’s performance. The company attributed gains to stronger silver market conditions and operational improvements.
No immediate market reaction was disclosed in the release.