Professional
Added to YB: 2026-09-03
Pitch date: 2026-08-20
OMG.V [bullish]
Omai Gold Mines Corp.
-15.06%
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 1.4B
Pitch Price
CAD 3.12
Price Target
4.25 (+60%)
Dividend
N/A
EV/EBITDA
-66.21
P/E
-69.26
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Omai Gold Mines – Significantly Expanded Production Profile; Updated MRE in Q4
OMG.V (hold): Omai Gold’s updated PEA expands the project to 351.5Koz of average annual production over 18 years, with a $4.0B NPV5% at $3,600/oz gold. The C$4.25 target, raised from C$4.00 and implying 44% upside, reflects continued project de-risking despite higher costs: initial capex is ~$1.4B and AISC $1,608/oz. A year-end resource update and 2027 feasibility study are the next milestones.
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