Added to YB: 2024-04-05
Pitch date: 2024-04-04
OMG.V [bullish]
Omai Gold Mines Corp.
+1118.18%
current return
Author Info
Atrium Research provides institutional quality research on underfollowed public equities. Sign up for the newsletter.
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 0.17
Price Target
0.40 (-80%)
Dividend
N/A
EV/EBITDA
-63.59
P/E
-63.03
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Omai Gold Mines – Highly Economic PEA on the Wenot Open Pit
OMG.V: PEA on Wenot Open Pit shows highly profitable project - US$1,009/oz AISC, 19.8% IRR, US$556M NPV5% at US$1,950/oz Au. 142Koz/yr avg over 13yrs at 1.51g/t Au grade. Only uses 1.99Moz of 4.2Moz resource. Upside from resource growth. Target increased to $0.40 (158% upside).
Read full article (8 min)