Liberty Gold (TSE:LGD) Insider Tyler Cole Sells 81,000 Shares of Stock

Liberty Gold Corp. (TSE:LGD) insider Tyler Cole sold 81,000 shares of the company’s stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of C$2.04, for a total transaction of C$165,240.00. Following the sale, the insider directly owned 39,000 shares of the company’s stock, valued at C$79,560. This represents a 67.50% decrease in their position.

Liberty Gold Trading Down 1.9%

Shares of Liberty Gold stock opened at C$2.04 on Friday. 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 Corp. has a 12-month low of C$0.68 and a 12-month high of C$2.30. The company has a market capitalization of C$1.12 billion, a price-to-earnings ratio of 102.00 and a beta of 3.75. The firm’s 50-day moving average price is C$1.99 and its two-hundred day moving average price is C$1.54.

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

Wall Street Analysts Forecast Growth

Separately, Ventum Capital set a C$4.30 price objective on Liberty Gold and gave the company a “buy” rating in a research note on Monday, September 21st. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$4.30.

Liberty Gold Company Profile

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.