Omai Gold Mines Corp. (V:OMG)
Business Focus: Gold (NEC)
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | 401 Bay Street, Suite 2704 - Box 4 TORONTO ON M5H 2Y4 |
| Tel: | N/A |
| Website: | https://omaigoldmines.com |
| IR: | See website |
| Key People | ||
| Elaine Ellingham President, Chief Executive Officer, Director | Dwight Walker Chief Financial Officer | Jason Brewster Vice President - Operations and Technical Services |
| Business Overview |
| Omai Gold Mines Corp. is a Canada-based mineral exploration and development company. The Company is engaged in the acquisition, exploration, evaluation, and development of mineral properties. The Company, through its wholly owned subsidiary, Avalon Gold Exploration Inc., holds a 100% interest in the Omai Prospecting License and a 100% interest in the adjoining Eastern Flats Mining Permits. The Company is focused on the exploration of the past producing Omai Gold Mine in the Potaro Mining District of Guyana. The Omai property is located 165 km south-southwest of the capital city of Georgetown, Guyana. The Company also has a 100% ownership interest in the Grenfell Gold property in Kirkland Lake, Ontario. |
| Financial Overview |
| For the nine months ended 30 September 2023, Omai Gold Mines Corp revenues was not reported. Net loss decreased 20% to $2.9M. Lower net loss reflects Exploration and evaluation expenditures decrease of 29% to $1.7M (expense), Foreign exchange loss decrease of 69% to $8K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.01. |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $42.72M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
| EBITDA (TTM): | -$4.75M as of Sep 30, 2023 |
| Net annual income (TTM): | -$5.73M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$3.82M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 408,301,771 as of Apr 18, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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