Liberty Gold (TSE:LGD) Trading Down 7.8%

Liberty Gold Corp. (TSE:LGD) traded down 7.8% on Monday . The stock traded as low as C$0.29 and last traded at C$0.30. 1,900,804 shares traded hands during trading, an increase of 853% from the average session volume of 199,532 shares. The stock had previously closed at C$0.32.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. BMO Capital Markets reissued an “outperform” rating on shares of Liberty Gold in a research report on Friday, July 14th. Canaccord Genuity Group set a C$1.90 price objective on Liberty Gold and gave the company a “speculative buy” rating in a research note on Wednesday, July 26th.

Liberty Gold Price Performance

The stock has a market capitalization of C$94.16 million, a P/E ratio of -2.95 and a beta of 1.33. The company has a debt-to-equity ratio of 0.50, a quick ratio of 8.13 and a current ratio of 4.24. The stock has a 50-day simple moving average of C$0.36 and a 200 day simple moving average of C$0.46.

About Liberty Gold

Liberty Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, and Turkiye. 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.