Professional
Added to YB: 2025-06-03
Pitch date: 2025-05-30
OMG.V [neutral]
Omai Gold Mines Corp.
+279.25%
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 0.53
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 – Strong Drill Results from Wenot; MRE in 2-3 Months
OMG.V (update): New discovery at West Wenot (2.63 g/t Au over 27.5m) expands resource laterally. Drilling continues at 1,800-2,000m hole testing Wenot at 1,100-1,200m depth. Historical mine produced 3.8Moz gold. 4.2Moz resource at 1.5g/t OP, 4.0g/t UG. Trades at 0.2x NAV. $0.80 PT. BUY.
Read full article (3 min)