Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Omai Gold Mines Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties. The company explores for gold and precious mineral deposits, as well as stones. It holds a 100% interests in the Omai prospecting license that covers an area of 4,590 acres located in the Potaro mining district of Guyana, as well as the adjoining Eastern flats mining permits. The company is based in Toronto, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Target Price
The average target price of OMG.V is 4.16 and suggests 81.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc