Canaccord Genuity Group Increases Liberty Gold (TSE:LGD) Price Target to C$3.25

Liberty Gold (TSE:LGD) had its price target boosted by Canaccord Genuity Group from C$2.50 to C$3.25 in a research report released on Tuesday morning, BayStreet.CA reports.

Liberty Gold Price Performance

Shares of LGD stock opened at C$0.38 on Tuesday. Liberty Gold has a twelve month low of C$0.23 and a twelve 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 company has a market capitalization of C$129.41 million, a PE ratio of -4.69 and a beta of 1.42. The firm has a fifty day simple moving average of C$0.35 and a 200-day simple moving average of C$0.31.

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