Brio Gold Inc (BRIO) PT Lowered to C$4.50 at National Bank Financial

Brio Gold Inc (TSE:BRIO) had its target price cut by National Bank Financial from C$5.10 to C$4.50 in a research report released on Wednesday morning. They currently have an outperform rating on the stock.

Other equities research analysts have also issued reports about the stock. Canaccord Genuity cut their price target on shares of Brio Gold from C$3.75 to C$3.00 in a research note on Wednesday. CIBC cut their price target on shares of Brio Gold from C$5.05 to C$4.25 in a research note on Tuesday, July 25th.

Shares of Brio Gold (TSE BRIO) opened at 1.70 on Wednesday. The stock’s 50 day moving average is $1.98 and its 200-day moving average is $2.41. Brio Gold has a one year low of $1.58 and a one year high of $3.59. The stock’s market capitalization is $191.30 million.

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In related news, Director William Albert Washington purchased 56,000 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were purchased 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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