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Omai Gold Mines (OMG) Stock Price & Analysis

60 Followers

OMG Stock Chart & Stats

CA$1.59-CA$0.14(-8.09%)
At close: 4:00 PM EST
C$1.5C$2C$2.5C$3Aug 17Aug 31Sep 14Sep 28Oct 13Oct 26Nov 9
Day’s Range
CAD 1.56 - CAD 1.72
52-Week Range
CAD 1.11 - CAD 3.16
Previous Close
CAD 1.73
Volume
N/A
Average Volume (3M)
2.06M
Market Cap
CAD 1.17B
Enterprise Value
CAD 1.44B
Total Cash (Recent Filing)
CAD 33.91M
Total Debt (Recent Filing)
CAD 0
Price to Earnings (P/E)
―
Beta
2.42
Next Earnings
Dec 02, 2026 (Est.)
EPS Estimate
-0.01
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Resource Advancement

Omai’s exploration program is directed toward converting geological work into better-defined and potentially upgraded mineral resources. Continued drilling, modeling, and technical studies provide a structured basis for evaluating the project and supporting future development decisions over the next several quarters.

Focused Project Strategy

The company has a clearly concentrated operating objective rather than a broad collection of unrelated activities. Focusing personnel and exploration efforts on the Omai Gold Project may help maintain strategic discipline as management evaluates historical mining areas and prioritizes development work.

Low Balance-sheet Leverage

Effectively no debt reduces refinancing pressure and avoids the interest burden associated with leveraged operations. That gives Omai greater balance-sheet flexibility while it advances exploration, although the benefit is limited because the company remains pre-revenue and continues to consume cash.

Bears Say

Pre-revenue Business Model

Without operating revenue, Omai has not yet demonstrated that its project can generate recurring cash inflows. The company therefore depends on successfully advancing the asset toward production before an operating revenue base can emerge, leaving earnings visibility weak over the next several quarters.

Deteriorating Losses

The sharp deterioration in net income shows that expenses are rising without corresponding operating scale or revenue. Persistently negative profitability can erode the capital base and makes the company’s ability to fund longer-term exploration dependent on external financing or a material improvement in project economics.

Accelerating Cash Burn

Cash consumption has increased substantially while the company remains pre-revenue, indicating that funding needs are becoming more significant. Unless revenues begin or costs are materially reset, continued exploration and development may require additional external capital, creating ongoing financing and dilution pressure.

Omai Gold Mines News

OMG FAQ

What was Omai Gold Mines’s price range in the past 12 months?
Omai Gold Mines lowest stock price was C$1.11 and its highest was C$3.16 in the past 12 months.
What is Omai Gold Mines’s market cap?
Omai Gold Mines’s market cap is C$1.17B.
When is Omai Gold Mines’s upcoming earnings report date?
Omai Gold Mines’s next earnings report is estimated for Dec 02, 2026 (not yet confirmed), which is in 20 days.
How were Omai Gold Mines’s earnings last quarter?
Omai Gold Mines released its earnings results on Aug 28, 2026. The company reported -C$0.014 earnings per share for the quarter.
Is Omai Gold Mines overvalued?
According to Wall Street analysts Omai Gold Mines’s price is currently Undervalued.
Does Omai Gold Mines pay dividends?
Omai Gold Mines does not currently pay dividends.
What is Omai Gold Mines’s EPS estimate?
Omai Gold Mines’s EPS estimate is -0.01.
How many shares outstanding does Omai Gold Mines have?
Omai Gold Mines has 676,669,200 shares outstanding.
What happened to Omai Gold Mines’s price movement after its last earnings report?
Omai Gold Mines reported an EPS of -C$0.014 in its last earnings report. Following the earnings report the stock price went down -6.338%.
Which hedge fund is a major shareholder of Omai Gold Mines?
Currently, no hedge funds are holding shares in TSE:OMG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology