Aya Gold & Silver Reports Record Q1-2025 Results, Strengthens Liquidity and Reaffirms Guidance

About this update from Aya Gold & Silver Inc.

[{"type":"text","content":"Aya Gold & Silver Reports Record Q1-2025 Results, Strengthens Liquidity and Reaffirms Guidance\n\n\n\n MONTREAL, May 13, 2025 (GLOBE NEWSWIRE) --\n \n Aya Gold & Silver Inc.\n \n (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) today announced first quarter financial and operational results for the three-month period ended March 31, 2025.\n \n All amounts are in US dollars, unless otherwise stated.\n \n\n\n\n Q1-2025 Highlights\n \n\n\n\n\n Silver production of 1,068,652 ounces (\"oz\")\n \n\n in Q1-2025 compared to 366,362 oz in Q1-2024, a 192% increase.\n \n\n\n\n Ore processed increased to 249,743 tonnes (\"t\")\n \n\n , reaching record throughput levels, compared with 81,331t in Q1-2024, a 207% increase.\n \n\n\n\n Mine production increased to 194,661t\n \n\n , achieving an average mining rate of 2,163 tonnes per day (\"tpd\"), compared with 106,880t in Q1-2024, an 82% increase.\n \n\n\n\n Record revenues of $33.8 million (\"M\")\n \n\n , up 566% year-over-year, with an average net realized silver price of $31.87/oz.\n \n\n\n\n Operating cash flow of $7.9M\n \n\n , compared to a negative cash flow of $3.7M in Q1-2024.\n \n\n\n\n Cash cost per silver ounce sold decreased to $18.93/oz\n \n\n in Q1-2025 from $20.31/oz in Q1-2024.\n \n\n\n\n Net income of $6.9M\n \n\n , compared to a net loss of $2.6M in Q1-2024; diluted EPS of $0.05.\n \n\n\n\n Robust financial position with $37M\n \n\n in cash and restricted cash, compared to $49M as at December 31, 2024.\n \n i\n \n\n\n\n\n Accounts receivable of $11.6M\n \n\n as at March 31, 2025 compared to $1.8M as at December 31, 2024. Funds received in early Q2-2025 from sales that occurred in the last days of Q1-2025.\n \n\n\n\n\n Ramp Up, Exploration and Development\n \n\n\n\n Successful ramp up of the new plant at the Zgounder Mine following the declaration of commercial production on December 29, 2024.\n \n\n Drilling activity included 2,916 (diamond drill hole (\"DDH\")) meters (\"m\") at Zgounder and 1,059m at Zgounder Regional.\n \n\n Boumadine drilling totaled 46,207m of combined DDH and reverse circulation (\"RC\") drilling.\n \n\n Updated mineral resource estimate for Boumadine in February 2025.\n \n\n\n\n Environmental, Social and Governance (\"ESG\")\n \n\n\n\n Launched the 2024 data collection campaign with the aim of publishing Aya's 202...

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