Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Aya Gold & Silver Inc. logo

Aya Gold & Silver Inc.

AYA.TOSmall CapSilver

Price History

Loading chart...

About Aya Gold & Silver Inc.

Aya Gold & Silver Inc. (AYA.TO) is a silver mining company listed on the Toronto Stock Exchange (TSX). Our project database tracks 3 projects for Aya Gold & Silver Inc. with technical and economic data extracted from company filings. Its flagship Boumadine Polymetallic Project (PEA) carries an after-tax NPV of $3.50B and an IRR of 93% over a 14-year mine life.

Aya Gold & Silver is rapidly expanding silver production with its flagship Zgounder mine in Morocco, one of Africa's highest-grade primary silver mines. The company has announced significant expansion plans to increase production and reduce operating costs.

Primary Commodities

Silver

Project Economics

Boumadine Polymetallic Project

Gold· Morocco (Province of Errachidia, Anti-Atlas)· Development
PEA
Sep 2026
NPV (After-Tax) @ 5%$3.50B
IRR (After-Tax)93%
Initial Capex$463M
Payback0.7 yrs
AISC1,300 USD/oz AuEq (LOM; $1,105/oz Y1-Y5)
Mine Life14 yrs
Annual Production271 koz AuEq (LOM average; 348 koz AuEq Y1-Y5)
Head Grade3.10 g/t AuEq (LOM); 4.11 g/t AuEq (Y1-Y5)
Mine TypeOpen pit and underground
Ownership85%
Royalties / Streams
15% ONHYM (state) interest

Zgounder Silver Mine

Silver· Morocco· Production
Production
Aug 2026
Mine Life11 yrs
Annual Production6 Moz Ag
Head Grade145 g/t Ag
Recovery91.2%
Mine TypeOpen-pit & Underground
Contained Metal100,222 koz Ag
Mineral Reserves
P&P: 15,700 kt @ 145 g/t Ag, 73,390 koz Ag
Mineral Resources
M&I: 18,934 kt @ 165 g/t Ag, 100,222 koz Ag; Inferred: 410 kt @ 340 g/t Ag, 4,500 koz Ag
Royalties / Streams
Sales royalty 0-3%

Boumadine Reclaim Operations

Silver· Morocco· Production
Production
2026
AISC10.9 USD/oz AgEq
Annual Production0.4 Moz AgEq (H1-2026)

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

How the Economics Evolved

Zgounder Silver Mine

4 studies on record
Production
Dec 2025
Production
Dec 2025
Production
Dec 2025
Production
Aug 2026

Boumadine Polymetallic Project

4 studies on record
PEA
Dec 2025
$1.50B
IRR 47% · Capex $446M
PEA
Sep 2026
$3.50B(+133%)
IRR 93% · Capex $463M
PEA
Sep 2026
$3.50B
IRR 93% · Capex $463M
PEA
Sep 2026
$3.50B
IRR 93% · Capex $463M

Economics as disclosed in each successive study. NPV shown in US$ where a currency conversion is available (at each study's own period rate), else in the study's stated currency. Verify against the source filings.

Free email updates

Find the best mining projects

Be the first to know about new mining results, and how they compare to other projects.

Financial Metrics

Loading financial data...

Frequently Asked Questions

What does Aya Gold & Silver Inc. mine?
Aya Gold & Silver Inc. is focused on Silver.
What is the economic value of Aya Gold & Silver Inc.'s Boumadine Polymetallic Project?
According to its PEA, Boumadine Polymetallic Project has an after-tax NPV of $3.50B and an IRR of 93%.
What exchange is Aya Gold & Silver Inc. listed on?
Aya Gold & Silver Inc. trades under the ticker AYA.TO on the Toronto Stock Exchange (TSX).
How many projects does Aya Gold & Silver Inc. have?
We track 3 projects with extracted technical and economic data for Aya Gold & Silver Inc.

Quick Facts

Ticker Symbol
AYA.TO
Market Cap
Small Cap
Category
Silver
Commodities
Silver

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

◆ ◆ ◆