Brio Gold Inc (BRIO) PT Lowered to C$3.75
Brio Gold Inc (TSE:BRIO) had its target price decreased by analysts at Canaccord Genuity from C$4.00 to C$3.75 in a research note issued on Friday. Canaccord Genuity’s price target would suggest a potential upside of 85.64% from the stock’s current price.
Separately, CIBC lowered their target price on Brio Gold from C$5.05 to C$4.25 in a research note on Tuesday, July 25th.
Brio Gold (TSE:BRIO) opened at 2.02 on Friday. The company’s market capitalization is $227.30 million. Brio Gold has a 12 month low of $1.58 and a 12 month high of $3.59. The stock has a 50 day moving average of $1.81 and a 200 day moving average of $1.81.
In other news, Director William Albert Washington acquired 56,000 shares of the stock in a transaction that occurred on Thursday, September 7th. The shares were acquired at an average cost of C$1.80 per share, for a total transaction of C$100,800.00.
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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