Insider Selling: Liberty Gold (TSE:LGD) Insider Sells C$1,497,450.00 in Stock

Liberty Gold Corp. (TSE:LGDGet Free Report) insider Jonathan Mark Gilligan sold 745,000 shares of the company’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of C$2.01, for a total transaction of C$1,497,450.00. Following the sale, the insider directly owned 3,057,538 shares of the company’s stock, valued at C$6,145,651.38. This represents a 19.59% decrease in their ownership of the stock.

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

  • On Thursday, September 17th, Jonathan Mark Gilligan sold 530,000 shares of Liberty Gold stock. The stock was sold at an average price of C$2.09, for a total transaction of C$1,107,700.00.

Liberty Gold Stock Performance

Liberty Gold stock opened at C$2.18 on Thursday. The firm’s 50 day simple moving average is C$1.77 and its 200-day simple moving average is C$1.54. The company has a market cap of C$1.20 billion, a P/E ratio of 109.00 and a beta of 4.08. The company has a debt-to-equity ratio of 0.69, a current ratio of 8.63 and a quick ratio of 8.13. Liberty Gold Corp. has a fifty-two week low of C$0.58 and a fifty-two week high of C$2.30.

Liberty Gold (TSE:LGDGet Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C$0.10 EPS for the quarter. As a group, equities research analysts predict that Liberty Gold Corp. will post -0.09 EPS for the current year.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Report on LGD

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.

See Also

Receive News & Ratings for Liberty Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Gold and related companies with MarketBeat.com's FREE daily email newsletter.