Liberty Gold (TSE:LGD) Stock: Insider Tyler Cole Sells 81,000 Shares

Key Points

• Insider sale: Tyler Cole sold 81,000 Liberty Gold shares at an average price of C$2.04, totaling C$165,240. His remaining ownership fell 67.5% to 39,000 shares.
• Stock performance: Liberty Gold shares declined 1.9% to C$2.04, while trading volume exceeded its average. The stock has traded between C$0.68 and C$2.30 over the past year.
• Analyst outlook: Ventum Capital maintained a “Buy” rating with a C$4.30 price target, versus the current price of C$2.04. The company reported quarterly EPS of C$0.10, while analysts expect a full-year loss of C$0.09 per share.

Liberty Gold Corp. (TSE:LGD - Get Free Report) insider Tyler Cole sold 81,000 shares of the business's stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of C$2.04, for a total value of C$165,240.00. Following the completion of the transaction, the insider owned 39,000 shares of the company's stock, valued at C$79,560. This trade represents a 67.50% decrease in their ownership of the stock.

Liberty Gold Trading Down 1.9%

Shares of LGD stock traded down C$0.04 during mid-day trading on Thursday, hitting C$2.04. 1,902,690 shares of the company's stock were exchanged, compared to its average volume of 1,608,472. Liberty Gold Corp. has a fifty-two week low of C$0.68 and a fifty-two week high of C$2.30. The stock has a 50-day simple moving average of C$1.99 and a two-hundred day simple moving average of C$1.54. The company has a quick ratio of 8.13, a current ratio of 8.63 and a debt-to-equity ratio of 0.69. The stock has a market cap of C$1.12 billion, a price-to-earnings ratio of 102.00 and a beta of 3.75.

Liberty Gold (TSE:LGD - Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported C$0.10 EPS for the quarter. Equities analysts expect that Liberty Gold Corp. will post -0.09 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Ventum Capital set a C$4.30 price objective on shares of Liberty Gold and gave the stock a "buy" rating in a report on Monday, September 21st. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of C$4.30.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.