Brio Gold (BRIO) Stock Price Down 16.5%

Brio Gold Inc (TSE:BRIO) fell 16.5% on Wednesday . The stock traded as low as C$1.75 and last traded at C$2.05. 55,953 shares changed hands during mid-day trading, an increase of 13% from the average session volume of 49,544 shares. The stock had previously closed at C$1.76.

Several research firms have recently weighed in on BRIO. Canaccord Genuity reduced their price objective on Brio Gold from C$4.00 to C$3.75 in a research report on Friday, September 29th. National Bank Financial reduced their price objective 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. Finally, CIBC reduced their price objective on Brio Gold from C$4.25 to C$3.50 in a research report on Thursday, October 26th.

The company has a market cap of $239.19 and a PE ratio of -2.30.

COPYRIGHT VIOLATION WARNING: This story was first posted by Community Financial News and is the property of of Community Financial News. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and international trademark & copyright legislation. The original version of this story can be accessed at

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.

What are top analysts saying about Brio Gold? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Brio Gold and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit