Aya Gold & Silver (TSX:AYA) Scaled Net Operating Assets: 0.63 (As of Mar. 2026)


TSX:AYA Aya Gold & Silver Inc TSX:AYA
81 GF Score
Price C$27.76
GF Value C$68.46
Valuation Possible Value Trap
! 6 Warning Signs
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What is Aya Gold & Silver Scaled Net Operating Assets?

Aya Gold & Silver TSX:AYA +3.35% 81 Scaled Net Operating Assets is 0.63 as of Mar. 2026. GuruFocus rates TSX:AYA with a GF Score™ of 81/100 and a GF Value™ of C$68.46 (Possible Value Trap). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Aya Gold & Silver's operating assets for the quarter that ended in Mar. 2026 was C$667.4 Mil. Aya Gold & Silver's operating liabilities for the quarter that ended in Mar. 2026 was C$122.7 Mil. Aya Gold & Silver's Total Assets for the quarter that ended in Dec. 2025 was C$871.5 Mil. Therefore, Aya Gold & Silver's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.


Aya Gold & Silver Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Aya Gold & Silver's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aya Gold & Silver Scaled Net Operating Assets Chart

Aya Gold & Silver Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.60 1.47 1.00 0.97

Aya Gold & Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.84 0.68 0.68 0.63

TSX:AYA vs EXK: Scaled Net Operating Assets Comparison

For the Silver subindustry, Aya Gold & Silver's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aya Gold & Silver Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aya Gold & Silver's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Aya Gold & Silver's Scaled Net Operating Assets falls into.


TSX:AYA
81GF Score
Aya Gold & Silver Inc TSX:AYA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aya Gold & Silver Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Aya Gold & Silver's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(683.42-130.178)/570.032
=0.97

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=871.476 - 188.056
=683.42

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=286.81 - 116.726 - 39.906
=130.178

Aya Gold & Silver's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(667.379-122.695)/871.476
=0.63

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=903.307 - 235.928
=667.379

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=260.229 - 97.601 - 39.933
=122.695

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.63 mean?
Aya Gold & Silver (TSX:AYA) has a Scaled Net Operating Assets of 0.63 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Aya Gold & Silver and its competitors.
Is Aya Gold & Silver's Scaled Net Operating Assets too high?
Aya Gold & Silver's current Scaled Net Operating Assets is 0.63. Overall, Aya Gold & Silver has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aya Gold & Silver's Scaled Net Operating Assets compare to EXK?
Aya Gold & Silver's Scaled Net Operating Assets of 0.63 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Aya Gold & Silver and its competitors. Aya Gold & Silver's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aya Gold & Silver stock overvalued right now?
Based on GuruFocus' analysis, Aya Gold & Silver (TSX:AYA) is currently considered Possible Value Trap. The stock's GF Value™ is C$68.46, compared to a current price of C$27.76 — trading 59.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.63. Aya Gold & Silver's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Aya Gold & Silver (TSX:AYA), the current Scaled Net Operating Assets is 0.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aya Gold & Silver (TSX:AYA) Overvalued in 2026?

Based on GuruFocus' analysis, Aya Gold & Silver stock appears to be undervalued. The current stock price of C$27.76 is trading 59.5% below its estimated GF Value™ of C$68.46. GuruFocus considers Aya Gold & Silver to be Possible Value Trap.

Key valuation signals for TSX:AYA:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: C$68.46 vs. price of C$27.76 (59.5% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the TSX:AYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aya Gold & Silver Business Description

Other Exchanges AYA:USA0HE:Germany
Address 1320 Graham Boulevard, Suite 132, Mont-Royal, QC, CAN, H3P 3C8
Aya Gold & Silver Inc is a Canadian-based precious metals mining corporation active across the full mining life-cycle, from discovery and development through to production. It operates in Morocco. The company's flagship asset is the Zgounder Silver Mine, recognized for its rare, high-grade silver mineralization. The mine is located along the Anti-Atlas fault, one of North Africa's geologically rich and underexplored regions, known for hosting silver, gold, and base metal deposits. Aya also owns an 85% interest in the Boumadine polymetallic project, which is currently at the exploration and evaluation stage. It operates in single segment of mining industry and its products are precious metals ingots and concentrate which are refined or smelted into pure silver and sold to metal brokers.
81GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$27.76
Price
C$68.46
GF Value