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

Omai Gold Mines Corp. (CVE:OMG - Get Free Report) insider Petra Decher acquired 75,000 shares of Omai Gold Mines stock in a transaction dated Friday, September 4th. The stock was acquired at an average cost 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 Trading Down 0.4%

Shares of Omai Gold Mines stock opened at C$2.64 on Wednesday. Omai Gold Mines Corp. has a 1 year low of C$0.94 and a 1 year high of C$3.16. The company's fifty day simple moving average is C$2.63 and its 200-day simple moving average is C$2.33. The company has a market cap of C$1.79 billion, a price-to-earnings ratio of -88.00 and a beta of 3.83.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Canadian Imperial Bank of Commerce set a C$4.50 price target on shares of Omai Gold Mines and gave the stock an "outperformer" rating in a research report on Monday, June 29th. Stifel Nicolaus increased 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. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of C$3.92.

Read Our Latest Report on OMG

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

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