Liberty Gold (TSE:LGD) Stock Price Down 4.1% – Here’s Why

Liberty Gold Corp. (TSE:LGD) shares dropped 4.1% on Wednesday . The stock traded as low as C$1.37 and last traded at C$1.39. Approximately 1,123,649 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 1,559,281 shares. The stock had previously closed at C$1.45.

Liberty Gold Stock Performance

The firm has a fifty day moving average price of C$1.49 and a 200 day moving average price of C$1.30. The company has a debt-to-equity ratio of 1.84, a quick ratio of 8.13 and a current ratio of 8.74. The stock has a market cap of C$737.26 million, a PE ratio of -23.17 and a beta of 3.95.

Liberty Gold (TSE:LGD) last announced its earnings results on Monday, May 11th. The company reported C($0.01) earnings per share for the quarter. Research analysts forecast that Liberty Gold Corp. will post -0.09 earnings per share for the current fiscal year.

Liberty Gold Company Profile

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 USA . Its projects include the Black Pine project and Goldstrike project.