Omai Gold Mines (CVE:OMG) Given a C$3.00 Price Target at National Bankshares

National Bankshares set a C$3.00 price target on Omai Gold Mines (CVE:OMG) in a report published on Wednesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other equities analysts have also issued research reports about the company. Cormark raised Omai Gold Mines to a “moderate buy” rating in a research report on Monday, December 8th. Stifel Nicolaus raised their price objective on shares of Omai Gold Mines from C$1.40 to C$1.75 in a research note on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$2.38.

Omai Gold Mines Trading Up 3.0%

Shares of CVE:OMG opened at C$1.72 on Wednesday. The stock has a fifty day simple moving average of C$1.39 and a two-hundred day simple moving average of C$1.13. Omai Gold Mines has a 12-month low of C$0.31 and a 12-month high of C$1.73. The stock has a market capitalization of C$1.09 billion, a price-to-earnings ratio of -128.97 and a beta of 3.36.