Brio Gold Inc (BRIO) Price Target Cut to C$3.50 by Analysts at CIBC
BRIO has been the subject of a number of other reports. Canaccord Genuity lowered their price objective on shares of Brio Gold from C$3.75 to C$3.00 in a report on Wednesday, October 25th. National Bank Financial lowered their price objective on shares of Brio Gold from C$5.10 to C$4.50 and set an outperform rating for the company in a report on Wednesday, October 25th.
Brio Gold (BRIO) opened at 1.70 on Thursday. The firm has a 50-day moving average of $1.98 and a 200 day moving average of $2.39. The firm’s market capitalization is $191.30 million. Brio Gold has a 12 month low of $1.58 and a 12 month high of $3.59.
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In other news, Director William Albert Washington bought 56,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 7th. The shares were bought at an average cost of C$1.80 per share, with a total value of C$100,800.00.
About Brio Gold
Brio Gold Inc, a mining company, engages in the exploration, extraction, processing, and mine reclamation of gold in Brazil. It holds four principle mining assets, including Pilar, Mineração Fazenda Brasileiro, Mineração Riacho dos Machados Ltda, and Santa Luz. The company was founded in 2014 and is headquartered in Toronto, Canada.
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