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Omai Gold Mines: Omai project in Guyana developing into about 8 million‑ounce gold resource
Omai Gold Mines presented the Omai project in Guyana at an investor conference with a total of about 8 million ounces (2.5 million indicated, 5.5 million inferred) in the Wenot and Gilt Creek deposits. A preliminary economic assessment (PEA) is expected in early August and is planned to cover an open pit at Wenot and underground mining at Gilt Creek, with planned processing capacity of 20,000–25,000 t/day. The company has about CAD 33 million in cash, is carrying out a 50,000‑metre drilling program with five rigs, and reports higher grades in deeper zones. However, permits, a feasibility study and further risk mitigation are required before any production decision. » More on de.investing.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 0 | - |
| Gross profit | -60.41K | 402.21% |
| Net profit | -4.55M | 55.25% |
| EBITDA | -4.7M | 66.82% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €764.84M |
Number of shares | 676.67M |
52-week high/low | €2.06 - €0.71 |
| Dividends | No |
Beta | 2.86 |
P/E ratio | -42.18 |
PEG ratio | 2.10 |
P/B ratio | 25.39 |
P/S ratio | 0.00 |
Company profile
Omai Gold Mines Corp. explores for and develops base and precious metals. It holds a 100% interest in the Omai prospecting license that covers an area of 4,590 acres, including the past-producing Omai Gold mine located in the Potaro mining district of Guyana, as well as adjoining eastern flats mining permits. The company is based in Toronto, Canada.
| Name | OMAI GOLD MINES CORP. |
| CEO | Elaine Ellingham |
| Headquarters | Toronto,
on Canada |
| Website | |
| IPO | 01/16/2012 |
| Employees | 6 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Pnk | OMGGF |
Tsxv | OMG.V |
Frankfurt | 0N2.F |