Market Rating: Brazil Resources Inc (CVE:BRI) Had Its PT Upgraded by Researchers at Rodman Renshaw to $4.25

November 28, 2016 - By whatsonthorold

Brazil Resources Inc (CVE:BRI) Stock Target Upgraded

In a research report issued to investors and clients by Rodman Renshaw on Monday, 28 November, Brazil Resources Inc (CVE:BRI) had its price target upgraded to $4.25. The firm currently has “Buy” rating on the stock.

About 234,017 shares traded hands. Brazil Resources Inc (CVE:BRI) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.

Brazil Resources Inc. is a Canada-based mineral exploration company. The company has a market cap of $230.55 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.

More 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 Seekingalpha.com published the news titled: “Brazil Resources – A Not So Junior, Junior Miner” on October 21, 2016. Prnewswire.com‘s news article titled: “Brazil Resources Inc. Warrants to Begin Trading on TSX-V Under Symbol “BRI.WT”” with publication date: May 02, 2014 was also an interesting one.

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