Aya Gold & Silver Shares Surge Following Record-Breaking Quarter and Moroccan Expansion
Aya Gold & Silver Inc. (TSX: AYA) soared on Tuesday after the Canadian-based precious metals company announced a record-breaking financial quarter alongside significant new funding to support its growing mining operations in the Kingdom of Morocco.
The Montreal-headquartered miner, which operates the high-grade Zgounder Silver Mine in Morocco, reported its highest-ever quarterly revenue and silver production, driven by operational efficiencies, favorable commodity prices, and expanded throughput at its flagship site.
According to the company’s Q1 2025 earnings release, silver production reached new heights, with total output surpassing 800,000 ounces — a substantial increase over the same period last year. Revenue also reflected this momentum, marking a double-digit percentage growth that exceeded analysts’ expectations.
In a statement, CEO Benoit La Salle emphasized the milestone nature of the quarter.
“This was an exceptional quarter for Aya. Not only did we deliver record operational and financial performance, but we also solidified our growth trajectory with new funding to support our Moroccan projects,” La Salle said.
New Funding Boost for Moroccan Operations
Alongside the earnings report, Aya Gold & Silver revealed it had secured new capital investments aimed at expanding its presence in Morocco, including development at the Zgounder mine and exploration across its wider Moroccan asset portfolio. The financing package, which includes both equity and debt instruments, is expected to accelerate construction, exploration, and production capacity across the company’s regional sites.
The announcement comes as global demand for silver — a key component in electronics, solar panels, and green energy infrastructure — continues to rise, pushing mining companies to scale up and secure long-term supply chains.
Market Reaction
Investors responded swiftly to the news. Aya Gold & Silver shares jumped more than 15% in early trading on the Toronto Stock Exchange, reflecting confidence in the company’s operational strategy and outlook.
Market analysts noted the dual impact of strong production results and future growth funding as key drivers of the stock’s rally.
“Aya is positioning itself as a dominant silver producer in North Africa, and this quarter proves they have both the reserves and the execution to deliver,” said a mining sector analyst at Canaccord Genuity.
Aya Gold & Silver continues to focus on expanding its production footprint in Morocco, which has proven to be a supportive jurisdiction for mining development. The company’s ongoing drilling and exploration initiatives aim to increase resources and extend mine life, further enhancing shareholder value.
With a strong balance sheet, robust silver market dynamics, and a growing portfolio of assets, Aya appears well-positioned to continue its upward momentum in 2025 and beyond.