Liberty Gold (TSE:LGD) Shares Down 8.3% - What's Next?

Shares of Liberty Gold Corp. (TSE:LGD - Get Free Report) were down 8.3% during mid-day trading on Tuesday . The stock traded as low as C$0.33 and last traded at C$0.33. Approximately 143,464 shares were traded during trading, a decline of 59% from the average daily volume of 348,017 shares. The stock had previously closed at C$0.36.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised their price target on shares of Liberty Gold from C$2.50 to C$3.25 in a research note on Tuesday, July 23rd.

Liberty Gold Price Performance

The company's 50 day moving average price is C$0.36 and its 200-day moving average price is C$0.36. The stock has a market cap of C$127.57 million, a P/E ratio of -4.79 and a beta of 1.49. The company has a quick ratio of 8.13, a current ratio of 4.91 and a debt-to-equity ratio of 0.12.

Liberty Gold (TSE:LGD - Get Free Report) last announced its earnings results on Monday, August 12th. The company reported C($0.01) earnings per share for the quarter. As a group, sell-side analysts expect that Liberty Gold Corp. will post -0.09 earnings per share 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.