Liberty Gold (TSE:LGD) Price Target Raised to C$2.50

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

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

Liberty Gold Price Performance

LGD stock opened at C$0.35 on Tuesday. The company has a current ratio of 5.21, a quick ratio of 8.13 and a debt-to-equity ratio of 0.56. Liberty Gold has a one year low of C$0.23 and a one year high of C$0.57. The firm has a market capitalization of C$120.02 million, a PE ratio of -3.50 and a beta of 1.35. The firm has a 50-day moving average of C$0.29 and a two-hundred day moving average of C$0.28.

Liberty Gold Company Profile

Liberty Gold Corp. engages in the acquisition, exploration, and development of mineral properties primarily in the United States and Türkiye. 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.