Shares of Bravo Mining Corp. (OTCMKTS:BRVMF – Get Free Report) rose 2.9% on Wednesday. The company traded as high as $1.7190 and last traded at $1.7190. 7,655 shares changed hands during trading, a decline of 79% from the average daily volume of 35,757 shares. The stock had previously closed at $1.67.
Bravo Mining Trading Up 2.9%
The firm has a fifty day moving average of $1.99 and a 200 day moving average of $2.36.
About Bravo Mining
Bravo Mining Corp. is a mineral exploration and development company focused on the Luanga Project in Brazil’s Pará state. The project is in the Carajás Mineral Province, a well-established mining region.
Luanga is an exploration-stage deposit being evaluated for platinum-group metals, including palladium, platinum and rhodium, as well as gold, nickel and copper. Bravo’s activities include exploration and technical work to assess the project’s mineral potential; the company is not a mining producer.
Bravo is led by CEO Luis Azevedo, a geologist with experience in the Brazilian mining sector.
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