Insider Buying: Brio Gold Inc (BRIO) Director Purchases 56,000 Shares of Stock
Brio Gold Inc (TSE:BRIO) Director William Albert Washington bought 56,000 shares of the stock in a transaction dated Thursday, September 7th. The shares were purchased at an average price of C$1.80 per share, for a total transaction of C$100,800.00.
Brio Gold Inc (TSE:BRIO) remained flat at $1.80 during trading on Thursday. The company’s stock had a trading volume of 293,807 shares. Brio Gold Inc has a 1-year low of $1.65 and a 1-year high of $3.59. The firm’s 50 day moving average is $1.93 and its 200 day moving average is $2.70. The firm’s market capitalization is $202.55 million.
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A number of equities analysts have recently weighed in on BRIO shares. CIBC lowered their target price on Brio Gold from C$5.05 to C$4.25 in a research note on Tuesday, July 25th. Canaccord Genuity lowered their target price on Brio Gold from C$4.25 to C$4.00 in a research note on Wednesday, August 2nd.
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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