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The latest announcement is out from Liberty Gold ( (TSE:LGD) ).
Liberty Gold has refined its strategy for its Utah portfolio, choosing to keep its Goldstrike Oxide Gold Project as a core gold development asset while separating and bundling nearby Antimony Ridge and the newly acquired Gage Project into a distinct critical minerals package. The company has expanded the Goldstrike land position with 35 additional claims, is advancing permitting, water rights and internal economic studies, and is targeting disciplined capital allocation to maximize long-term value. At Antimony Ridge, Liberty Gold has drilled-ready, fully permitted targets over a more than 3-kilometre strike of surface antimony and gold mineralization, while the Gage acquisition adds 181 claims and state leases over historic mines and prospects along a critical metals belt surrounding the past-producing Apex Mine, historically the only primary U.S. producer of gallium and germanium. By actively pursuing divestiture options for this enlarged critical minerals package, the company aims to unlock value from non-core assets and sharpen its focus on gold development, potentially broadening its appeal to both precious metals and critical minerals investors.
The most recent analyst rating on (TSE:LGD) stock is a Hold with a C$0.92 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 Neutral.
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and persistent cash burn), partially mitigated by very low leverage. Offsetting this, technicals show a strong uptrend and momentum, while corporate events are supportive with permitting/feasibility progress and improved financing. Valuation remains constrained by negative earnings and no indicated dividend.
To see Spark’s full report on TSE:LGD stock, click here.
More about Liberty Gold
Liberty Gold Corp. is a U.S.-focused gold development company advancing a pipeline of oxide gold assets in the Great Basin, one of the world’s most productive and mining-friendly gold regions. The company’s primary focus is on developing its Goldstrike Oxide Gold Project in Utah while also leveraging nearby critical minerals potential to enhance portfolio value for shareholders.
Average Trading Volume: 851,130
Technical Sentiment Signal: Buy
Current Market Cap: C$448.7M
Learn more about LGD stock on TipRanks’ Stock Analysis page.