Aya Gold & Silver Inc. Overview
Pro stress-test →Aya Gold & Silver Inc. is a rapidly growing, Canada-based silver producer with operations in the Kingdom of Morocco. The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault, several of which have hosted past-producing mines and historical resources. The company has achieved significant operational momentum through 2025-2026.
Strategic Profile
Pro stress-test →Aya reached commercial production at its 100% owned Zgounder Mine in December 2024, with the new processing plant achieving commercial production on December 29th after the mill began processing ore on November 4th, 2024. In Q2 2026 (three months ended June 30, 2026), Aya announced record quarterly production of 1.68 million silver equivalent ounces, up 61% year-over-year, including production from its recently launched Boumadine pyrite reclaiming operation. The company is positioned for sustained silver production growth while advancing its polymetallic project pipeline.
Competitive Landscape
Pro stress-test →Aya competes as a pure-play silver producer against diversified precious metals miners (Agnico Eagle, Pan American Silver, First Majestic) and integrated miners with silver exposure (Barrick Gold, Newmont). Its competitive advantage lies in asset quality (high-grade ore), geographic diversification in Morocco's established mining region, and lean capital structure as a single-asset producer with expansion optionality. Commodity price sensitivity and regulatory risk in Morocco are industry-wide constraints.
Industry Context
Aya Gold & Silver Inc. operates in Silver mining and production.
Key facts
Founded: 2016 · Headquarters: Montreal, Canada · Employees: N/A · Revenue: N/A · Market cap: N/A