Liberty Gold (TSE:LGD) Price Target Raised to C$2.50 at Canaccord Genuity Group

Liberty Gold (TSE:LGD) had its price target hoisted by stock analysts at Canaccord Genuity Group from C$2.00 to C$2.50 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports.

Separately, Pi Financial reiterated a “buy” rating and issued a C$0.70 price objective (down from C$0.85) on shares of Liberty Gold in a research report on Wednesday, March 6th.

Liberty Gold Stock Up 4.3 %

Shares of LGD traded up C$0.02 on Tuesday, hitting C$0.36. The company’s stock had a trading volume of 534,048 shares, compared to its average volume of 444,558. The company has a quick ratio of 8.13, a current ratio of 5.21 and a debt-to-equity ratio of 0.56. The firm’s fifty day moving average price is C$0.29 and its 200-day moving average price is C$0.28. Liberty Gold has a fifty-two week low of C$0.23 and a fifty-two week high of C$0.57. The firm has a market capitalization of C$123.44 million, a price-to-earnings ratio of -3.60 and a beta of 1.35.

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.