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

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

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

Liberty Gold Stock Performance

LGD stock opened at C$0.34 on Tuesday. The company has a market cap of C$114.87 million, a P/E ratio of -3.35 and a beta of 1.35. Liberty Gold has a 1 year low of C$0.23 and a 1 year high of C$0.57. 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 stock’s fifty day moving average price is C$0.29 and its 200-day moving average price is C$0.28.

Liberty Gold Company Profile

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.