TSX-V

Omai Gold Mines Corp.

OMG.V•Basic Materials•Gold
Current Price
$1.73
Today's Change
-2.81%
Market Cap
$1.20B
Volume
821.79K
🥇

Commodity Exposure

Gold

Current Price
$4,018.20/oz
-1.04% today
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Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

Omai Gold Mines Corp. focuses on acquiring, exploring, and developing gold and precious mineral properties. While the company boasts a strong liquidity position with a current ratio of 9.49 and no debt, it faces concerns with negative returns on equity and assets, indicating inefficiencies in generating profits. The recent decline in stock price by 2.81% may reflect market apprehension about its profitability despite a solid market cap of $1.20 billion. Investors should weigh these strengths against the financial challenges as they consider potential investments.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$3.16
52 Week Low$1.02
Avg Volume1.69M
Beta2.87
Shares Outstanding676.67M

🔥 Valuation

Market Cap$1.20B
Enterprise Value$1.32B
P/E Ratio-38.25
EV/EBITDA ⚠️-65.65x
Dividend Yield0.00%

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🚩 Red Flags

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Significant Losses

Company posted a loss of $-10.7M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $7.2M over the last year.

🌟 Opportunities

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Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 9.5x ensures operational stability.

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