Liberty Gold (TSE:LGD) Reaches New 1-Year High – Here’s What Happened

Liberty Gold Corp. (TSE:LGD) shares hit a new 52-week high during mid-day 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 traded. The stock had previously closed at C$2.11.

Liberty Gold Price Performance

The company has a market capitalization of C$1.16 billion, a price-to-earnings ratio of 105.50 and a beta of 4.08. The stock’s fifty day simple moving average is C$1.71 and its two-hundred day simple moving average is C$1.51. 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 (TSE:LGD) 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 predict that Liberty Gold Corp. will post -0.09 earnings per share for the current fiscal year.

About Liberty Gold

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.