Revenue distribution by sectors:

• Mining (Silver): 85%
• Mining (Gold): 10%
• Other metals and services: 5%

TOP 3 markets and their percentage shares:

• Canada: 40%
• Morocco: 35%
• Europe: 15%

Aya Gold & Silver Inc. generates the majority of its revenue from silver mining, accounting for approximately 85% of total revenue. Gold mining contributes an additional 10%, while other metals and services make up the remaining 5%.

The company's key markets are Canada, Morocco, and Europe. Canada is the largest market with 40%, followed by Morocco with 35%. Europe contributes 15% to the total revenue. This distribution highlights the company's strong regional presence in North America and North Africa, with Europe seen as a growing market.

Production Site: Morocco

Aya Gold & Silver Inc. mainly operates the Zgounder silver mine in Morocco. This mine is the company's primary production site and one of the largest silver mines in the region. In recent years, the company has made significant investments in expanding and modernizing production capacities in Morocco to increase efficiency and production.

Goal: Increase production by 50% by 2028
Investments in Exploration: $25 million USD annually (estimated, based on 2023)
Expansion of Mining Operations: Focus on Zgounder Mine

Aya Gold & Silver Inc. is pursuing a growth strategy based on increasing production capacities and developing new resources. The company plans to increase its silver production by 50% by 2028 by expanding the capacities of its existing mines, particularly the Zgounder Mine in Morocco.

In addition, Aya Gold & Silver continuously invests in exploring new deposits to expand its resource base. These investments amount to an estimated $25 million USD annually, aimed at supporting the discovery and development of new projects.

Long-term, the company aims to strengthen its market position through strategic partnerships and potential acquisitions to benefit from rising silver prices and the growing demand for precious metals.

Main Commodities: Silver, Gold

Aya Gold & Silver Inc. is primarily engaged in the mining of silver and gold. The company focuses on the exploration and development of mines, particularly in Morocco, where their main projects are located.

As Aya Gold & Silver is mainly active in mining, the company generally does not import commodities but exports the extracted metals. The materials needed for mining, such as machinery and equipment, could be imported from various countries, with Canada, the USA, and European countries being common suppliers of such technologies.

For specific information on the imported materials and their countries of origin, a look at the company's annual reports or direct inquiries to the company would be necessary.

Market share in the silver sector: 4.5% (2026, estimated)
Production growth: 20% (2025)
Cost per ounce of silver: 11 USD (2025)

Aya Gold & Silver Inc. has established itself as a significant player in the silver sector in recent years. A key competitive advantage of the company lies in its cost-efficient production, allowing it to mine silver at one of the lowest costs per ounce in the industry. This gives Aya an edge over competitors with higher production costs.

Furthermore, the company has experienced strong production growth in recent years, attributed to successful exploration and expansion projects. This growth strategy has helped Aya increase its market share in the global silver market.

Another competitive advantage is the geographic diversification of the mining locations, making the company less vulnerable to regional risks. Analysts see the combination of low production costs and strategic expansion as a solid competitive advantage for Aya Gold & Silver Inc. in 2026.

Institutional Investor Share: 65% (2026, estimated)

Insider Purchases: No significant purchases in the last year

Insider Sales: 2.5 million shares (2026, estimated)

The institutional investor share in Aya Gold & Silver Inc. is estimated to be 65%, indicating a strong trust from institutional investors in the company. These investors are often long-term oriented and can bring stability to the shareholder structure.

In 2026, there were no significant insider purchases, which could suggest that insiders do not see significant undervaluations of the company. However, about 2.5 million shares were sold by insiders, possibly due to profit-taking or personal financial decisions.

These figures should be considered in the context of general market conditions and company performance to make informed investment decisions.

Market share of Aya Gold & Silver Inc.: Estimated 3% (2026)

Top competitors and their market shares:

1. Fresnillo plc: 15%
2. Pan American Silver Corp.: 12%
3. Hecla Mining Company: 10%
4. Coeur Mining, Inc.: 8%
5. First Majestic Silver Corp.: 7%
6. Endeavour Silver Corp.: 5%
7. Aya Gold & Silver Inc.: 3%
8. Silvercorp Metals Inc.: 2%
9. Hochschild Mining plc: 2%
10. Fortuna Silver Mines Inc.: 2%

Aya Gold & Silver Inc. has a relatively small market share compared to the major players in the silver mining industry. Their moat is limited as they operate in a highly competitive market where larger companies like Fresnillo and Pan American Silver have significant scale advantages and established distribution networks.

Aya's main advantage could lie in specific geographic or operational niches, such as the development of new, high-grade silver deposits in Morocco. However, this advantage is relatively small compared to the major competitors that have diversified global operations.

Overall, larger companies in the industry tend to have a stronger moat due to their size, financial resources, and established market presence. Therefore, Aya Gold & Silver must focus on specific strategic advantages to increase their market share and strengthen their moat.

Revenue Growth: 18% (2025 compared to 2024)
Production Increase: 20% (2025)
Exploration Budget: $25 million USD (2025)

Aya Gold & Silver Inc. recorded a revenue growth of 18% in 2025 compared to the previous year. This increase is attributed to the increased production capacity, which has risen by 20%, indicating successful expansion projects and efficiency improvements in existing mines.

The company has also allocated an exploration budget of $25 million USD for 2025, indicating an aggressive strategy to develop new resources. This could lead to an increase in reserves in the long term, resulting in a more stable revenue base.

In summary, Aya Gold & Silver Inc. demonstrates strong operational metrics and a clear growth strategy. These factors suggest that the stock could be an attractive investment opportunity for investors interested in long-term growth.

Dividend payment: No dividend (as of 2026)

Aya Gold & Silver Inc. has not paid any dividends so far. The company focuses on the exploration and development of precious metal projects, particularly in Morocco.

Since Aya Gold & Silver operates in a capital-intensive sector and continues to invest in the development of its mines, it is unlikely that a dividend will be introduced in the short term. Companies in the exploration and development phase often prioritize reinvesting in their projects to secure future growth.