Brio Gold Inc (TSE:BRIO) had its price objective cut by CIBC from C$5.05 to C$4.25 in a report issued on Tuesday, July 25th. CIBC’s target price points to a potential upside of 128.49% from the company’s previous close.

Shares of Brio Gold (BRIO) traded down 5.91% during mid-day trading on Tuesday, reaching $1.75. The company’s stock had a trading volume of 47,647 shares. The firm has a 50-day moving average of $2.25 and a 200-day moving average of $2.87. Brio Gold has a 52 week low of $1.73 and a 52 week high of $3.59. The firm’s market capitalization is $196.92 million.

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About Brio Gold

Brio Gold Inc is a Canada-based mining company. The Company is engaged in the mining and sale of gold, including exploration, extraction, processing and mine reclamation. It has gold producing, development and exploration-stage properties in Brazil. Its portfolio includes approximately three operating mines and a gold project.

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