Liberty Gold (TSE:LGD) Earns “Buy” Rating from Pi Financial

Pi Financial reissued their buy rating on shares of Liberty Gold (TSE:LGD) in a report published on Wednesday, BayStreet.CA reports. They currently have a C$2.80 price objective on the stock.

A number of other analysts have also recently issued reports on LGD. National Bank Financial boosted their price objective on Liberty Gold from C$2.70 to C$2.90 and gave the company an outperform rating in a research report on Wednesday. Haywood Securities boosted their target price on Liberty Gold from C$2.60 to C$2.90 in a research report on Thursday, July 9th.

Shares of LGD stock opened at C$2.20 on Wednesday. The stock’s 50 day simple moving average is C$1.93 and its 200 day simple moving average is C$1.35. The company has a debt-to-equity ratio of 1.40, a quick ratio of 2.93 and a current ratio of 3.36. Liberty Gold has a twelve month low of C$0.53 and a twelve month high of C$2.40. The company has a market capitalization of $535.94 million and a price-to-earnings ratio of -46.81.

Liberty Gold Company Profile

Liberty Gold Corp., a gold discovery company, engages in the acquisition, exploration, and development of mineral properties primarily in the United States and Turkey. It explores for gold, silver, and copper ores. The company's flagship projects include Goldstrike, Black Pine, and Kinsley Mountain projects located in the Great Basin of the United States.

Further Reading: Derivative

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