Brio Gold (BRIO) Price Target Cut to C$2.85 by Analysts at CIBC
Brio Gold (TSE:BRIO) had its price target decreased by equities research analysts at CIBC from C$3.50 to C$2.85 in a research report issued on Thursday. CIBC’s price target points to a potential upside of 78.13% from the stock’s current price.
A number of other research analysts have also recently weighed in on BRIO. Canaccord Genuity dropped their price target on Brio Gold from C$4.00 to C$3.75 in a research report on Friday, September 29th. National Bank Financial dropped their price target on Brio Gold from C$5.10 to C$4.50 and set an “outperform” rating for the company in a research report on Wednesday, October 25th.
Brio Gold (TSE:BRIO) traded down C$0.01 during trading on Thursday, reaching C$1.60. The company’s stock had a trading volume of 90,472 shares, compared to its average volume of 49,830. Brio Gold has a 12 month low of C$1.54 and a 12 month high of C$3.59.
Brio Gold Company Profile
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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