Omai Gold Mines (CVE:OMG) Insider Jason Allen Ross Brewster Sells 45,400 Shares

Omai Gold Mines Corp. (CVE:OMG) insider Jason Allen Ross Brewster sold 45,400 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of C$2.67, for a total value of C$121,218.00. Following the completion of the transaction, the insider owned 691,415 shares in the company, valued at approximately C$1,846,078.05. The trade was a 6.16% decrease in their position.

Jason Allen Ross Brewster also recently made the following trade(s):

• On Wednesday, September 9th, Jason Allen Ross Brewster sold 54,600 shares of Omai Gold Mines stock. The stock was sold at an average price of C$2.73, for a total transaction of C$149,058.00.

Omai Gold Mines Stock Performance

OMG stock opened at C$2.80 on Monday. The business has a 50-day simple moving average of C$2.65 and a two-hundred day simple moving average of C$2.35. The company has a market capitalization of C$1.89 billion, a P/E ratio of -93.33 and a beta of 3.83. Omai Gold Mines Corp. has a 52-week low of C$0.94 and a 52-week high of C$3.16.

Analyst Upgrades and Downgrades

OMG has been the topic of several recent analyst reports. Stifel Nicolaus lifted their target price on shares of Omai Gold Mines from C$3.50 to C$4.25 in a research report on Thursday, August 20th. Canadian Imperial Bank of Commerce set a C$4.50 price target on Omai Gold Mines and gave the stock an “outperformer” rating in a report on Monday, June 29th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of C$3.92.

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