Liberty Gold (TSE:LGD) Stock Crosses Below 50-Day Moving Average of $0.37

Shares of Liberty Gold Corp. (TSE:LGD) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.37 and traded as low as C$0.35. Liberty Gold shares last traded at C$0.35, with a volume of 976,861 shares.

Analyst Ratings Changes

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

Liberty Gold Stock Down 4.2 %

The company has a current ratio of 4.91, a quick ratio of 8.13 and a debt-to-equity ratio of 0.12. The company has a market capitalization of C$131.38 million, a P/E ratio of -4.93 and a beta of 1.51. The stock has a 50 day moving average price of C$0.37 and a 200 day moving average price of C$0.34.

Liberty Gold (TSE:LGD) last posted its earnings results on Monday, August 12th. The company reported C($0.01) EPS for the quarter. On average, research analysts anticipate that Liberty Gold Corp. will post -0.09 earnings per share for the current fiscal year.

About Liberty Gold

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.