National Bank Financial Trims Liberty Gold Corp. (LGD.TO) (TSE:LGD) Target Price to C$2.80

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Liberty Gold Corp. (LGD.TO) (TSE:LGD) had its target price lowered by National Bank Financial from C$2.90 to C$2.80 in a report released on Monday, reports. The firm currently has an outperform rating on the stock.

Separately, Pi Financial set a C$2.80 price target on Liberty Gold Corp. (LGD.TO) and gave the company a buy rating in a report on Wednesday, December 23rd.

Shares of LGD stock opened at C$1.60 on Monday. Liberty Gold Corp. has a 12 month low of C$0.00 and a 12 month high of C$2.40. The company has a quick ratio of 2.98, a current ratio of 4.10 and a debt-to-equity ratio of 1.00. The business’s 50 day moving average is C$1.67 and its two-hundred day moving average is C$1.94. The company has a market cap of C$395.37 million and a PE ratio of 61.54.

Liberty Gold Corp. (LGD.TO) (TSE:LGD) last announced its quarterly earnings results on Friday, November 13th. The company reported C$0.07 EPS for the quarter. As a group, equities analysts expect that Liberty Gold Corp. will post -0.06 EPS for the current fiscal year.

In other news, Senior Officer Joanna Bailey sold 50,000 shares of the firm’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of C$1.90, for a total value of C$94,800.00. Following the completion of the sale, the insider now directly owns 212,050 shares in the company, valued at C$402,046.80.

About Liberty Gold Corp. (LGD.TO)

Liberty Gold Corp. engages in the acquisition, exploration, and development of mineral properties primarily in the United States and Turkey. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It principally holds 100% interests in the Goldstrike project covering an area of 7,630 hectares located in Washington County, southwest Utah; and the Black Pine project comprising 400 federal lode claims covering 3,713 hectares located in southeastern Idaho.

See Also: Gross Domestic Product (GDP)

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