Atrium Research analyst Ben Pirie has maintained their bullish stance on OMG stock, giving a Buy rating on February 10.
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Ben Pirie has given his Buy rating due to a combination of factors, most notably the consistently strong drill results being reported from the Omai Gold Project in Guyana. Recent assays from the 2025 program, including high‑grade, multi‑metre intercepts at Central Wenot, reinforce the view that the deposit has meaningful scale and quality potential.
In addition, the launch of an extensive 50,000m drilling campaign is expected to both grow the resource base and improve confidence in existing ounces ahead of an updated mineral resource estimate this quarter. Taken together, these operational developments support Pirie’s conviction in the company’s value proposition and underpin his maintained target price of $2.40 per share.
In another report released on February 10, Stifel Nicolaus also maintained a Buy rating on the stock with a C$2.75 price target.