Analyst Target PriceThe company is maintaining a BUY rating and increasing the target price to $1.60/share on Omai Gold Mines.
Drill Program ExpansionOmai reported impressive drill results from its expanded 2025 drill program at Wenot and has exceeded its original drilling target for 2025, completing 20,500 meters so far.
Resource IncreaseThe MRE reported a significant increase to the resource with the Inferred resource increasing 92% to 4.4Moz grading 1.95 g/t Au and the Indicated resource increasing 7% to 2.1Koz grading 2.07g/t Au.