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Liberty Gold ( (TSE:LGD) ) has shared an update.
Liberty Gold Corp. has announced consistent gold grades from its infill drilling program at the Black Pine Gold Project in Idaho. The results strengthen the company’s geological model, indicating potential resource growth and improved waste to ore ratios, which could positively impact future feasibility studies and resource updates.
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, home to large-scale gold projects.
Average Trading Volume: 993,584
Technical Sentiment Signal: Buy
Current Market Cap: C$453.8M
For detailed information about LGD stock, go to TipRanks’ Stock Analysis page.