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

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

Liberty Gold Stock Down 5.4%

Shares of LGD stock opened at C$1.93 on Friday. The stock has a 50 day moving average of C$1.99 and a 200 day moving average of C$1.55. 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 stock has a market cap of C$1.06 billion, a P/E ratio of 96.50 and a beta of 3.75. Liberty Gold Corp. has a twelve month low of C$0.68 and a twelve month high of C$2.30.

Liberty Gold (TSE:LGD) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C$0.10 EPS for the quarter. As a group, sell-side analysts expect that Liberty Gold Corp. will post -0.09 EPS for the current year.

Analyst Ratings Changes

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

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.