Does Brazil Resources Inc Have Any Gas After Today’s Huge Decline?


The stock of Brazil Resources Inc (CVE:BRI) is a huge mover today! The stock decreased 4.63% or $0.12 on September 13, hitting $2.47. About 238,657 shares traded hands. Brazil Resources Inc (CVE:BRI) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 5 months negative chart setup for the $255.21M company. It was reported on Sep, 13 by We have $2.12 PT which if reached, will make CVE:BRI worth $35.73M less.

Brazil Resources Inc. is a Canada-based mineral exploration company. The company has a market cap of $255.21 million. The Firm operates through the acquisition, exploration and development of mineral properties segment. It currently has negative earnings. It has activities in Brazil, the United States, Canada and Paraguay.

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