Brio Gold Inc. (TSE:BRIO) traded down 0% during mid-day trading on Thursday . The company traded as low as C$1.95 and last traded at C$2.03. 19,266 shares were traded during trading, a decline of 62% from the average session volume of 51,146 shares. The stock had previously closed at C$2.03.

A number of equities research analysts have issued reports on the stock. National Bank Financial lowered their target price on shares of Brio Gold from C$4.50 to C$4.25 and set an “outperform” rating on the stock in a report on Wednesday, November 1st. CIBC lowered their target price on shares of Brio Gold from C$4.25 to C$3.50 in a report on Thursday, October 26th. Finally, Canaccord Genuity lowered their target price on shares of Brio Gold from C$3.75 to C$3.00 in a report on Wednesday, October 25th.

In other Brio Gold news, Director William Albert Washington bought 56,000 shares of the stock in a transaction on Thursday, September 7th. The shares were acquired at an average price of C$1.80 per share, with a total value of C$100,800.00.

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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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