Liberty Gold (TSE:LGD) Given a C$4.30 Price Target at Ventum Capital

Liberty Gold (TSE:LGD) has been given a C$4.30 price objective by stock analysts at Ventum Capital in a research note issued on Monday, BayStreet reports. The firm presently has a “buy” rating on the stock. Ventum Capital’s price target would suggest a potential upside of 94.57% from the company’s previous close.

Liberty Gold Price Performance

Shares of Liberty Gold stock traded up C$0.06 during trading on Monday, hitting C$2.21. The stock had a trading volume of 1,357,397 shares, compared to its average volume of 1,564,856. The company has a debt-to-equity ratio of 0.69, a current ratio of 8.63 and a quick ratio of 8.13. The firm has a market cap of C$1.21 billion, a P/E ratio of 110.50 and a beta of 4.08. The business has a fifty day moving average of C$1.72 and a two-hundred day moving average of C$1.52. Liberty Gold has a fifty-two week low of C$0.58 and a fifty-two week high of C$2.25.

Liberty Gold (TSE:LGD) last released its earnings results on Wednesday, August 12th. The company reported C$0.10 earnings per share (EPS) for the quarter. On average, sell-side analysts expect that Liberty Gold will post -0.09 earnings per share for the current fiscal year.

About Liberty Gold

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.