Insider Selling: Omai Gold Mines (CVE:OMG) Insider Sells C$149,058.00 in Stock

Omai Gold Mines Corp. (CVE:OMG – Get Free Report) insider Jason Allen Ross Brewster sold 54,600 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of C$2.73, for a total value of C$149,058.00. Following the transaction, the insider directly owned 636,815 shares of the company’s stock, valued at approximately C$1,738,504.95. The trade was a 7.90% decrease in their ownership of the stock.

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

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• On Tuesday, September 8th, Jason Allen Ross Brewster sold 45,400 shares of Omai Gold Mines stock. The shares were sold at an average price of C$2.67, for a total transaction of C$121,218.00.

Omai Gold Mines Trading Down 3.0%

CVE:OMG opened at C$2.58 on Wednesday. Omai Gold Mines Corp. has a 12 month low of C$0.94 and a 12 month high of C$3.16. The stock has a 50 day moving average of C$2.65 and a two-hundred day moving average of C$2.35. The firm has a market cap of C$1.75 billion, a P/E ratio of -86.00 and a beta of 3.83.

Analyst Upgrades and Downgrades

Several analysts recently commented on OMG shares. 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 research report on Monday, June 29th. Stifel Nicolaus upped their price target on Omai Gold Mines from C$3.50 to C$4.25 in a research report on Thursday, August 20th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$3.92.

Get Our Latest Stock Analysis on Omai Gold Mines

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

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