Omai Gold Mines Stock Analysis

OMGGF Stock  USD 0.12  0.01  7.69%   
Omai Gold Mines is overvalued with Real Value of 0.1 and Hype Value of 0.12. The main objective of Omai Gold otc analysis is to determine its intrinsic value, which is an estimate of what Omai Gold Mines is worth, separate from its market price. There are two main types of Omai Gold's stock analysis: fundamental analysis and technical analysis.
The Omai Gold otc stock is traded in the USA on OTCQB Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Omai Gold's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omai Gold Mines. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in price.

Omai OTC Stock Analysis Notes

About 13.0% of the company outstanding shares are owned by corporate insiders. The book value of Omai Gold was now reported as 0.01. The company recorded a loss per share of 0.03. Omai Gold Mines last dividend was issued on the 18th of November 2020. The entity had 1:15 split on the 18th of November 2020. Omai Gold Mines Corp. explores for and develops base and precious metals. It holds a 100 percent 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. Omai Gold operates under Gold classification in the United States and is traded on OTC Exchange.The quote for Omai Gold Mines is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Omai Gold Mines contact the company at 416 453 8433 or learn more at https://www.omaigoldmines.com.

Omai Gold Mines Investment Alerts

Omai Gold Mines had very high historical volatility over the last 90 days
Omai Gold Mines has some characteristics of a very speculative penny stock
Net Loss for the year was (7.25 M) with profit before overhead, payroll, taxes, and interest of 0.
Omai Gold Mines has accumulated about 2.17 M in cash with (6.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 13.0% of the company outstanding shares are owned by corporate insiders

Omai Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 19.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Omai Gold's market, we take the total number of its shares issued and multiply it by Omai Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 30th of November, Omai Gold holds the Risk Adjusted Performance of 0.0667, semi deviation of 4.61, and Coefficient Of Variation of 1317.81. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Omai Gold, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Omai Gold Mines, which can be compared to its competitors. Please check Omai Gold Mines downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Omai Gold Mines is priced some-what accurately, providing market reflects its current price of 0.12 per share. As Omai Gold Mines appears to be a penny stock we also advise to check out its total risk alpha numbers.

Omai Gold Mines Price Movement Analysis

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The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Omai Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Omai Gold Mines. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Omai Gold Predictive Daily Indicators

Omai Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Omai Gold otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Omai Gold Forecast Models

Omai Gold's time-series forecasting models are one of many Omai Gold's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Omai Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Omai OTC Stock Analysis

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Omai Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Omai shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Omai Gold. By using and applying Omai OTC Stock analysis, traders can create a robust methodology for identifying Omai entry and exit points for their positions.
Omai Gold Mines Corp. explores for and develops base and precious metals. It holds a 100 percent 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. Omai Gold operates under Gold classification in the United States and is traded on OTC Exchange.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Omai Gold to your portfolios without increasing risk or reducing expected return.

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When running Omai Gold's price analysis, check to measure Omai Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omai Gold is operating at the current time. Most of Omai Gold's value examination focuses on studying past and present price action to predict the probability of Omai Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omai Gold's price. Additionally, you may evaluate how the addition of Omai Gold to your portfolios can decrease your overall portfolio volatility.
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