AYASF - Aya Gold & Silver GAAP EPS of $0.00 revenue of $9.62M

2023-08-11 07:11:20 ET

• Aya Gold & Silver press release ( OTCQX:AYASF ): Q2 GAAP EPS of $0.00.
• Revenue of $9.62M (+12.3% Y/Y).
• Quarterly silver production of 526,703 oz, comprising 324,144 oz in silver concentrate and 202,559 oz in silver bars.
• Mill average feed grade of 265 grams per tonne Ag was reported in Q2-2023 compared to 273 g/t Ag in Q2-2022, a decrease of 3%.
• Milling operations reached 793 tonnes per day, surpassing design capacity of 700 tpd.
• Average combined mill recovery of to 87.3% in Q2-2023 compared to 87.9% in Q2-2022, a decrease of 0.6%.
• Plant availabilities reached 93.4% and 96.6% for the flotation and cyanidation plants, respectively.
• Cash flow generated by operating activities of $3,674 in Q2-2023 compared to cash flow of $1,100 in operating cash flow in Q2-2022.
• "We continue to execute on our Zgounder expansion, which is 45% complete and on budget, and are well-positioned to achieve our full-year production and cost guidance."

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