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

Liberty Gold (TSE:LGD) had its target price boosted by Canaccord Genuity Group from C$2.00 to C$2.50 in a report published on Tuesday morning, BayStreet.CA reports.

Separately, Pi Financial restated a buy rating and set a C$0.70 target price (down from C$0.85) on shares of Liberty Gold in a research note on Wednesday, March 6th.

Liberty Gold Price Performance

Shares of LGD stock opened at C$0.35 on Tuesday. Liberty Gold has a 1-year low of C$0.23 and a 1-year high of C$0.57. The stock’s fifty day moving average price is C$0.29 and its 200 day moving average price is C$0.28. The company has a debt-to-equity ratio of 0.56, a current ratio of 5.21 and a quick ratio of 8.13. The company has a market cap of C$120.02 million, a price-to-earnings ratio of -3.50 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.