Brio Gold Inc. (TSE:BRIO) shares fell 0% during trading on Monday . The company traded as low as C$1.81 and last traded at C$1.87. 24,282 shares traded hands during trading, a decline of 51% from the average session volume of 49,896 shares. The stock had previously closed at C$1.87.
A number of research firms have recently commented on BRIO. Canaccord Genuity reduced their target price on shares of Brio Gold from C$4.00 to C$3.75 in a research report on Friday, September 29th. National Bank Financial reduced their target price on shares of Brio Gold from C$5.10 to C$4.50 and set an “outperform” rating on the stock in a research report on Wednesday, October 25th. Finally, CIBC reduced their target price on shares of Brio Gold from C$4.25 to C$3.50 in a research report on Thursday, October 26th.
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, with a total value of C$100,800.00.
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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