Aya Gold & Silver Reports Strong Q2-2025 Results

About this update from Aya Gold & Silver Inc.

[{"type":"text","content":"Aya Gold & Silver Reports Strong Q2-2025 Results\n\n\n\n MONTREAL, Aug. 14, 2025 (GLOBE NEWSWIRE) --\n \n Aya Gold & Silver Inc.\n \n (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) today announced second quarter financial and operational results for the three-month period ended June 30, 2025.\n \n All amounts are in US dollars, unless otherwise stated\n \n .\n \n\n\n Q2-2025 Highlights\n \n\n\n\n Operational\n \n\n\n\n Silver production of 1.04 million (\"M\") ounces (\"oz\") up 141% vs. the prior year driven by the ramp-up of the new Zgounder plant, which began large-scale commercial production at the end of 2024\n \n\n Ore processed averaged 3,005 tonnes per day (tpd), with mill availability of 98%\n \n\n Silver recovery averaged 86.5% in Q2-2025; June averaged 92%, above feasibility study rate\n \n\n Ore mined totaled 241,288 tonnes (\"t\"), up 24% QoQ, consistent with ramp-up plans\n \n\n\n\n Financial\n \n\n\n\n Record revenue of $38.6M, up 182% YoY, reflecting the increase in ounces sold driven by ramp-up and a higher average net realized silver price of $33.86/oz; revenue rose 14% vs. QoQ, supported by increased silver sales and stronger pricing\n \n\n Cash cost\n \n (1)\n \n per silver ounce sold of $21.26, reflecting early-stage open-pit and underground development; normalization anticipated in H2-2025\n \n\n Operating cash flow of $7.8M ($15.7M year-to-date)\n \n\n Net income of $8.6M; diluted EPS of $0.06, including a one-time gain and impairment recovery from the Mx2 transaction\n \n\n Closed a C$144M bought deal financing in Q2-2025, ending the quarter with $114M in cash providing the flexibility to advance our development-stage asset Boumadine, a cornerstone of our long-term growth strategy\n \n\n\n\n\n Development and Exploration\n \n\n\n\n Drilled 33,510 metres (\"m\") at Boumadine and 5,915 m at Zgounder near mine and Regional\n \n\n Identified a new prospective target - Asirem Gold-Copper zone - that highlights Boumadine’s potential to become a large-scale high-grade deposit with mineralization open in all directions\n \n\n Acquired new permits, expanding regional footprints at both Zgounder and Boumadine\n \n\n\n\n \"We're very pleased with the progress this quarter as Zgounder continues to ramp-up steadily. We delivered record revenues and strong operating perform...

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