Liberty Gold (TSE:LGD) Insider Sells C$1,107,700.00 in Stock

Liberty Gold Corp. (TSE:LGD) insider Jonathan Mark Gilligan sold 530,000 shares of Liberty Gold stock in a transaction on Thursday, September 17th. The shares were sold at an average price of C$2.09, for a total value of C$1,107,700.00. Following the completion of the sale, the insider directly owned 2,527,538 shares of the company’s stock, valued at approximately C$5,282,554.42. This represents a 17.33% decrease in their position.

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

• On Wednesday, September 16th, Jonathan Mark Gilligan sold 745,000 shares of Liberty Gold stock. The stock was sold at an average price of C$2.01, for a total value of C$1,497,450.00.

Liberty Gold Stock Down 5.2%

LGD opened at C$2.18 on Thursday. Liberty Gold Corp. has a 12 month low of C$0.58 and a 12 month high of C$2.30. The business has a 50-day moving average of C$1.77 and a two-hundred day moving average of C$1.54. The company has a debt-to-equity ratio of 0.69, a current ratio of 8.63 and a quick ratio of 8.13. The stock has a market capitalization of C$1.20 billion, a price-to-earnings ratio of 109.00 and a beta of 4.08.

Liberty Gold (TSE:LGD) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$0.10 earnings per share for the quarter. On average, research analysts expect that Liberty Gold Corp. will post -0.09 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Ventum Capital set a C$4.30 price objective on Liberty Gold and gave the stock a “buy” rating in a report on Monday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target 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.