Liberty Gold (TSE:LGD) Trading 3.7% Higher – Here’s Why

Shares of Liberty Gold Corp. (TSE:LGD) rose 3.7% on Thursday . The company traded as high as C$0.29 and last traded at C$0.28. Approximately 70,153 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 116,365 shares. The stock had previously closed at C$0.27.

Liberty Gold Stock Performance

The company has a quick ratio of 8.13, a current ratio of 4.91 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of C$106.63 million, a PE ratio of -4.00 and a beta of 1.49. The firm has a 50 day moving average price of C$0.29 and a 200-day moving average price of C$0.33.

Insider Activity

In related news, Senior Officer Calvin Clovis Everett acquired 100,000 shares of the stock in a transaction on Tuesday, October 22nd. The shares were acquired at an average price of C$0.37 per share, for a total transaction of C$37,000.00. Insiders own 3.18% of the company’s stock.

Liberty Gold Company Profile

Liberty Gold Corp is an exploration stage company. It operates in the business segment of exploration for gold, copper and other precious and base metals. The company has operations in the geographic locations of Canada, the USA and Turkey. Its projects include the Black Pine project, Goldstrike, TV Tower and others.