Analyst initiates coverage -- $2.50 target price Clarus Securities Inc just initiated coverage on OMN. They have a 12 month target price of $2.50. Share price is very undervalued currently.
North American, HighGrade Copper
Oracle Mining Corp. is a Canadian based developer focused on restarting the 100% owned,
Oracle Ridge Cu-Ag-Au Mine, located near Tucson, Arizona. Low financing risk, high grade
(historic 8.1MT grading 2.33% Cu), near-term production puts Oracle Ridge ahead of the class.
We are initiating coverage with a BUY rating and a target price of $2.50 per share.