What’s Propelling Brazil Resources Inc to Increase So Much?

 What's Propelling Brazil Resources Inc to Increase So Much?

The stock of Brazil Resources Inc (CVE:BRI) is a huge mover today! The stock last traded at $2.51 per share. It is down 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 7 months positive chart setup for the $285.61M company. It was reported on Nov, 8 by Barchart.com. We have $3.71 PT which if reached, will make CVE:BRI worth $137.09 million more.

More notable recent Brazil Resources Inc (CVE:BRI) news were published by: Marketwatch.com which released: “Brazil Resources Inc. Issues Letter to Shareholders and Reports on Company …” on January 27, 2016, also Juniorminingnetwork.com with their article: “Brazil Resources Further Increases Size of Private Placement to $9.0 Million …” published on November 08, 2016, Seekingalpha.com published: “Brazil Resources – A Not So Junior, Junior Miner” on October 21, 2016. More interesting news about Brazil Resources Inc (CVE:BRI) were released by: Prnewswire.com and their article: “Brazil Resources Inc. Warrants to Begin Trading on TSX-V Under Symbol “BRI.WT”” published on May 02, 2014 as well as Business.Financialpost.com‘s news article titled: “Podcast: Brazil Resources’ Amir Adnani on gold, copper” with publication date: September 01, 2016.

Brazil Resources Inc. is a Canada-based mineral exploration company. The company has a market cap of $285.61 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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