Liberty Gold Advances Feasibility Study for Black Pine Project

Liberty Gold ( (TSE:LGD) ) has shared an update.

Liberty Gold has commenced the Feasibility Study engineering phase for its Black Pine Oxide Gold Project in Idaho, marking a significant step towards completing the Full Feasibility Study by early Q4 2026. The company has re-engaged M3 Engineering & Technology Corp. as the lead consultant, along with other key consultants from the Preliminary Feasibility Study phase, to ensure continuity and efficiency. This strategic move aims to solidify Liberty Gold’s position in the industry and prepare for construction readiness, highlighting the project’s potential impact on its operations and stakeholders.

The most recent analyst rating on (TSE:LGD) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Liberty Gold stock, see the TSE:LGD Stock Forecast page.

Spark’s Take on TSE:LGD Stock

According to Spark, TipRanks’ AI Analyst, TSE:LGD is a Underperform.

Liberty Gold faces significant financial challenges, with no revenue and ongoing losses, heavily weighing down its stock score. However, recent corporate events suggest potential for future improvement, offering some hope. Technical indicators and unattractive valuation metrics further contribute to a low overall stock score.

To see Spark’s full report on TSE:LGD stock, click here.

More about Liberty Gold

Liberty Gold is focused on developing open pit oxide deposits in the Great Basin of the United States, a region known for large-scale gold projects suitable for open-pit mining. The company is advancing the Black Pine Project in southeastern Idaho, which is a past-producing, Carlin-style gold system with significant resource and economic potential.

Average Trading Volume: 1,011,000

Technical Sentiment Signal: Buy

Current Market Cap: C$410.8M

See more insights into LGD stock on TipRanks’ Stock Analysis page.