Liberty Gold (TSE:LGD) Insider Jonathan Mark Gilligan Sells 530,000 Shares

Liberty Gold Corp. (TSE:LGDGet Free Report) insider Jonathan Mark Gilligan sold 530,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of C$2.09, for a total value of C$1,107,700.00. Following the completion of the sale, the insider directly owned 2,527,538 shares in the company, valued at approximately C$5,282,554.42. This trade represents a 17.33% decrease in their position.

Jonathan Mark Gilligan also recently made the following trade(s):

  • On Wednesday, September 16th, Jonathan Mark Gilligan sold 745,000 shares of Liberty Gold stock. The stock was sold at an average price of C$2.01, for a total value of C$1,497,450.00.

Liberty Gold Stock Performance

LGD traded up C$0.06 during trading on Monday, reaching C$2.21. 1,685,770 shares of the company were exchanged, compared to its average volume of 1,566,980. Liberty Gold Corp. has a 52 week low of C$0.58 and a 52 week high of C$2.25. The company has a current ratio of 8.63, a quick ratio of 8.13 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average of C$1.74 and a 200 day moving average of C$1.52. The stock has a market cap of C$1.21 billion, a P/E ratio of 110.50 and a beta of 4.08.

Liberty Gold (TSE:LGDGet Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C$0.10 earnings per share (EPS) for the quarter. On average, sell-side analysts forecast that Liberty Gold Corp. will post -0.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Ventum Capital set a C$4.30 target price on shares of Liberty Gold and gave the company a “buy” rating in a research note on Monday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Liberty Gold has a consensus rating of “Buy” and a consensus target price of C$4.30.

Read Our Latest Analysis on Liberty Gold

About Liberty Gold

(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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