Liberty Gold (TSE:LGD) Shares Down 1.5% - Here's Why

Shares of Liberty Gold Corp. (TSE:LGD - Get Free Report) were down 1.5% during mid-day trading on Monday . The company traded as low as C$0.32 and last traded at C$0.32. Approximately 999,761 shares traded hands during mid-day trading, an increase of 152% from the average daily volume of 397,278 shares. The stock had previously closed at C$0.33.

Analysts Set New Price Targets

Separately, Ventum Cap Mkts raised shares of Liberty Gold to a "strong-buy" rating in a report on Friday, May 23rd.

Liberty Gold Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 8.13 and a current ratio of 3.75. The stock's fifty day moving average price is C$0.30 and its 200-day moving average price is C$0.30. The company has a market capitalization of C$88.73 million, a P/E ratio of -4.69 and a beta of 1.49.

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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