Liberty Gold (TSE:LGD) Stock Price Up 4.3% - Still a Buy?

Key Points

• Liberty Gold Corp. (TSE:LGD) shares increased by 4.3% during mid-day trading, reaching a trading high of C$0.76 before closing at C$0.72.
• The company's market capitalization stands at C$327.76 million with a P/E ratio of -14.40, reflecting its status as an exploration stage company.
• Liberty Gold operates projects in Canada, the USA, and Turkey, including notable sites like the Black Pine project and Goldstrike.

Liberty Gold Corp. (TSE:LGD - ) shares rose 4.3% during mid-day trading on Tuesday . The stock traded as high as C$0.76 and last traded at C$0.72. Approximately 1,876,303 shares were traded during mid-day trading, an increase of 269% from the average daily volume of 508,044 shares. The stock had previously closed at C$0.69.

Liberty Gold Price Performance

The company has a 50 day moving average of C$0.53 and a 200-day moving average of C$0.39. The firm has a market capitalization of C$327.76 million, a P/E ratio of -14.40 and a beta of 1.80. The company has a current ratio of 3.75, a quick ratio of 8.13 and a debt-to-equity ratio of 0.04.

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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