Ventum Capital Analysts Give Liberty Gold (TSE:LGD) a C$4.30 Price Target

Ventum Capital set a C$4.30 price objective on Liberty Gold (TSE:LGD) in a report published on Monday,BayStreet reports. The firm currently has a buy rating on the stock.

Liberty Gold Stock Down 5.2%

Shares of TSE LGD opened at C$2.18 on Monday. Liberty Gold has a 52-week low of C$0.58 and a 52-week high of C$2.30. The company has a debt-to-equity ratio of 0.69, a quick ratio of 8.13 and a current ratio of 8.63. The stock has a market cap of C$1.20 billion, a P/E ratio of 109.00 and a beta of 4.08. The firm has a 50 day moving average price of C$1.77 and a 200 day moving average price of C$1.54.

Liberty Gold (TSE:LGD) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C$0.10 earnings per share for the quarter. Analysts expect that Liberty Gold will post -0.09 EPS for the current year.

Insider Activity at Liberty Gold

In other news, insider Jonathan Mark Gilligan sold 530,000 shares of Liberty Gold stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of C$2.09, for a total transaction of C$1,107,700.00. Following the transaction, the insider owned 2,527,538 shares in the company, valued at C$5,282,554.42. The trade was a 17.33% decrease in their position. 3.18% of the stock is currently owned by corporate insiders.

Liberty Gold Company Profile

Liberty Gold is a U.S.-focused gold company advancing Black Pine, its 100% owned oxide gold project in Idaho, located within the Great Basin, one of the world’s most productive and mining-friendly gold regions. Black Pine is a large-scale, past-producing, run-of-mine heap leachable gold deposit progressing through feasibility and permitting toward a modern open-pit mining operation. The Company’s strategy is centered on advancing high-quality, long-life gold assets, with a clear focus on technical simplicity, strong environmental performance, project executability, collaborative permitting processes, and value creation.