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Liberty Gold ( (TSE:LGD) ) has shared an announcement.
Liberty Gold Corp. has secured acceptance of its Black Pine Oxide Gold Project in southeastern Idaho into the U.S. Federal Permitting Improvement Steering Committee’s FAST-41 framework as a Covered Project, granting the company access to a coordinated federal and state permitting timetable and a project advisor to improve interagency alignment, transparency and accountability. Management and Idaho’s Lieutenant Governor framed the move as a key milestone that underscores Black Pine’s maturity as a brownfield development and its potential economic benefits for rural communities, while Liberty Gold continues to push forward on feasibility-level engineering, ongoing environmental baseline work and parallel state and federal permitting efforts for what is described as one of the largest undeveloped gold projects in the Great Basin.
The most recent analyst rating on (TSE:LGD) stock is a Hold with a C$0.84 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 is a U.S.-focused gold development company with a portfolio of projects in the Great Basin, one of the world’s most productive and mining-friendly gold regions. Its flagship asset is the 100%-owned Black Pine Oxide Gold Project in southern Idaho, a large-scale, past-producing run-of-mine heap leach operation now being advanced through feasibility and permitting toward a modern open-pit mine, complemented by the Goldstrike Project in Utah.
Average Trading Volume: 800,077
Technical Sentiment Signal: Buy
Current Market Cap: C$458.9M
For a thorough assessment of LGD stock, go to TipRanks’ Stock Analysis page.