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

Omai Gold Mines Corp. (CVE:OMGGet Free Report) insider Jason Allen Ross Brewster sold 45,400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of C$2.67, for a total value of C$121,218.00. Following the transaction, the insider directly owned 691,415 shares of the company’s stock, valued at approximately C$1,846,078.05. This trade represents 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 value of C$149,058.00.

Omai Gold Mines Trading Up 5.3%

Omai Gold Mines stock traded up C$0.14 during mid-day trading on Friday, hitting C$2.80. The company had a trading volume of 1,517,670 shares, compared to its average volume of 1,449,369. Omai Gold Mines Corp. has a 12 month low of C$0.94 and a 12 month high of C$3.16. The company has a market capitalization of C$1.89 billion, a PE ratio of -93.33 and a beta of 3.83. The stock’s 50 day moving average price is C$2.65 and its two-hundred day moving average price is C$2.34.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Canadian Imperial Bank of Commerce set a C$4.50 price objective on shares of Omai Gold Mines and gave the company an “outperformer” rating in a research report on Monday, June 29th. Stifel Nicolaus lifted their target price on shares of Omai Gold Mines from C$3.50 to C$4.25 in a report on Thursday, August 20th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Omai Gold Mines has an average rating of “Buy” and a consensus target price 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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