Omai Gold Mines (CVE:OMG) Insider Petra Decher Buys 75,000 Shares of Stock

Omai Gold Mines Corp. (CVE:OMG) insider Petra Decher bought 75,000 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were acquired at an average price of C$2.66 per share, with a total value of C$199,500.00. Following the completion of the transaction, the insider directly owned 75,000 shares of the company’s stock, valued at C$199,500. This trade represents a ∞ increase in their position.

Omai Gold Mines Stock Down 0.4%

OMG traded down C$0.01 during trading on Tuesday, hitting C$2.64. The company’s stock had a trading volume of 710,052 shares, compared to its average volume of 1,452,097. Omai Gold Mines Corp. has a one year low of C$0.94 and a one year high of C$3.16. The firm has a market cap of C$1.79 billion, a PE ratio of -88.00 and a beta of 3.83. The business’s 50 day simple moving average is C$2.63 and its 200-day simple moving average is C$2.33.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Stifel Nicolaus raised their target price on shares of Omai Gold Mines from C$3.50 to C$4.25 in a research note on Thursday, August 20th. Canadian Imperial Bank of Commerce set a C$4.50 price objective on shares of Omai Gold Mines and gave the stock an “outperformer” rating in a research note on Monday, June 29th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Omai Gold Mines presently has a consensus rating of “Buy” and a consensus target price of C$3.92.

Omai Gold Mines Corp. is a materials company in the Gold industry.