Liberty Gold (TSE:LGD) Hits New 52-Week High - Time to Buy?

Key Points

• Liberty Gold's shares reached a new 52-week high of C$0.73 during trading, closing at C$0.72 with a volume of 413,882 shares.
• The company has a market capitalization of C$332.31 million and operates primarily in the exploration of gold, copper, and other metals across Canada, the USA, and Turkey.
• Liberty Gold's financial metrics include a quick ratio of 8.13 and a debt-to-equity ratio of only 0.04, indicating a strong liquidity position.

Shares of Liberty Gold Corp. (TSE:LGD - ) hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.73 and last traded at C$0.72, with a volume of 413882 shares trading hands. The stock had previously closed at C$0.69.

Liberty Gold Stock Performance

The company has a quick ratio of 8.13, a current ratio of 3.75 and a debt-to-equity ratio of 0.04. The stock has a 50 day simple moving average of C$0.50 and a 200 day simple moving average of C$0.38. The company has a market capitalization of C$332.31 million, a price-to-earnings ratio of -14.60 and a beta of 1.80.

About Liberty Gold

Liberty Gold Corp is an exploration stage company. It operates in the business segment of exploration for gold, copper and other precious and base metals. The company has operations in the geographic locations of Canada, the USA and Turkey. Its projects include the Black Pine project, Goldstrike, TV Tower and others.

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