Liberty Gold (TSE:LGD) Reaches New 12-Month High – Still a Buy?

Liberty Gold Corp. (TSE:LGDGet Free Report)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as C$2.17 and last traded at C$2.10, with a volume of 215550 shares. The stock had previously closed at C$2.11.

Liberty Gold Stock Performance

The stock has a market cap of C$1.16 billion, a price-to-earnings ratio of 105.50 and a beta of 4.08. The company’s 50-day simple moving average is C$1.71 and its 200-day simple moving average is C$1.51. The company has a quick ratio of 8.13, a current ratio of 8.63 and a debt-to-equity ratio of 0.69.

Liberty Gold (TSE:LGDGet Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C$0.10 EPS for the quarter. Analysts predict that Liberty Gold Corp. will post -0.09 EPS for the current fiscal year.

Liberty Gold Company Profile

(Get Free Report)

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.

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