Professional
Added to YB: 2025-03-31
Pitch date: 2025-03-27
OMG.V [neutral]
Omai Gold Mines Corp.
+378.57%
current return
Author Info
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Company Info
Omai Gold Mines Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties.
Market Cap
CAD 739.2M
Pitch Price
CAD 0.42
Price Target
0.80 (-60%)
Dividend
N/A
EV/EBITDA
-63.59
P/E
-63.03
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Omai Gold Mines – More Positive Drill Results & Expanded Drill Program
OMG.V (maintain buy): Wenot drill results incl. 16.35 g/t Au over 10.5m. Expanded 2025 program to 15,000m. MRE update Q2, PEA Q3. 4.2Moz resource, 1.5g/t open-pit, 4g/t UG. Trades at 0.1x NAV. $0.80 target, 96% upside. BUY rating maintained. Catalysts: ongoing drilling, MRE, PEA updates.
Read full article (4 min)