Liberty Gold (TSE:LGD) PT Raised to C$3.25 at Canaccord Genuity Group

Liberty Gold (TSE:LGD) had its price objective boosted by equities researchers at Canaccord Genuity Group from C$2.50 to C$3.25 in a note issued to investors on Tuesday, BayStreet.CA reports.

Liberty Gold Price Performance

Shares of LGD traded up C$0.01 during trading hours on Tuesday, reaching C$0.39. 89,752 shares of the company’s stock traded hands, compared to its average volume of 380,214. Liberty Gold has a 12 month low of C$0.23 and a 12 month high of C$0.43. The company has a current ratio of 5.37, a quick ratio of 8.13 and a debt-to-equity ratio of 0.42. The stock has a market cap of C$134.59 million, a PE ratio of -4.88 and a beta of 1.42. The firm’s 50 day simple moving average is C$0.35 and its 200-day simple moving average is C$0.31.

Liberty Gold (TSE:LGD) last announced its quarterly earnings data on Monday, May 13th. The company reported C($0.01) EPS for the quarter. Equities analysts expect that Liberty Gold will post -0.09 EPS for the current year.

Liberty Gold Company Profile

Liberty Gold Corp. engages in the acquisition, exploration, and development of mineral properties primarily in the United States and Türkiye. The company primarily explores for gold, as well as silver, lead, zinc, copper, and other precious and base metals. It holds interest in the Black Pine project located in Cassia County, southern Idaho; the Goldstrike project located in Washington County, southwest Utah; and the TV Tower gold-silver-copper property located in northwestern Türkiye.