Liberty Gold (LGD) AI Stock Analysis

• Market Cap: $143.11M
• Dividend Yield: N/A
• Average Volume (3M): 411.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.17
• Revenue Growth: N/A
• EPS Growth: 24.40%
• Country: CA
• Employees: 14
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): -0.01
• Shares Outstanding: 454,313,930
• 10 Day Avg. Volume: 341,064
• 30 Day Avg. Volume: 411,027
• PEG Ratio: 0.16
• Price to Book (P/B): 3.29
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.15
• Enterprise Value/Market Cap: 1.17
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -1.29K
• Enterprise Value/Ebitda: -2.65
• 1Y Price Target: $0.70
• Price Target Upside: 118.50% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 40 Underperform
• Price Target: ―

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.

Positive Factors

Management Transition

Key leadership from Liberty Gold will transition to Specialty American, indicating strong management continuity.

Project Development

Moving through permitting into construction is anticipated to drive the company's valuation higher.

Shareholder Value

Liberty Gold will distribute a portion of Specialty American's common shares to its shareholders, providing them with additional value and investment opportunities.

Negative Factors

Corporate Restructuring

The spin-out process for the Goldstrike Project, which includes the Antimony Ridge discovery, could potentially benefit shareholders.

Resource Growth

As an early-stage development company in the prolific Great Basin, resources are expected to grow from an already impressive base.

Liberty Gold Business Overview & Revenue Model

Company Description

Liberty Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada, the United States and Turkey. The company primarily explores for gold, silver, lead, zinc, copper, and other precious and base metals. It principally holds 100% interests in the Goldstrike project, including 749 owned unpatented claims, 99 leased unpatented claims, 633 acres of leased patented claims, 160 acres of leased private land, and 926 acres of leased State covering an area of 7,194 hectares located in Washington County, southwest Utah; and the Black Pine project comprising 622 unpatented lode claims covering 4,845 hectares located in southeastern Idaho. The company also holds an option agreement to acquire a 100% interest in the Baxter Spring Gold project located in central Nevada. The company was formerly known as Pilot Gold Inc. and changed its name to Liberty Gold Corp. in May 2017. Liberty Gold Corp. was incorporated in 2010 and is based in Vancouver, Canada.

How the Company Makes Money

Liberty Gold makes money primarily through the exploration and development of its mineral properties, where the discovery of economically viable gold deposits can lead to the sale or joint venture of these projects with established mining companies. Revenue is generated from the sale of mineral rights or through partnerships, where a larger mining company may acquire an interest in a project to advance it towards production, typically involving upfront payments, milestone payments, and potentially a share of future revenue from gold production. Additionally, Liberty Gold may raise capital through equity financing to fund exploration activities, which can also contribute to its financial resources.

Liberty Gold Financial Statement Overview

Summary

Liberty Gold's financial performance is weak, with zero revenue and ongoing losses. Despite a strong equity position, the consistent reduction in equity and assets suggests financial strain. Negative cash flows further indicate operational challenges.

Income Statement

Liberty Gold's income statement reveals significant challenges with profitability and revenue generation. The company has consistently reported zero revenue, indicating operational or market challenges. Negative gross profit and net losses indicate cost management issues. EBIT and EBITDA margins are also negative, reflecting ongoing operational inefficiencies. The lack of revenue growth is a major concern for future performance.

Balance Sheet

The balance sheet shows a relatively strong equity position compared to total assets, with an equity ratio of approximately 86.6% in the latest period. However, the company's debt-to-equity ratio is quite low, reflecting minimal leverage. The consistent reduction in stockholders' equity over the years suggests financial strain. The decline in total assets over time also points to potential operational inefficiencies or asset sales.

Cash Flow

Cash flow analysis indicates significant operational cash outflows, with negative free cash flow persisting. The operating cash flow to net income ratio demonstrates challenges in converting income to cash. Although there was a positive cash flow from financing activities, it suggests reliance on external funding to sustain operations. The free cash flow growth rate is negative, highlighting ongoing difficulties in generating positive cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	-353.00K	-337.00K	-269.00K
EBITDA	-16.41M	-18.61M	-36.08M	-25.54M	-38.05M
Net Income	-18.14M	-20.19M	-21.33M	-30.29M	7.48M
Balance Sheet
Total Assets	24.44M	35.34M	47.95M	53.33M	60.39M
Cash, Cash Equivalents and Short-Term Investments	6.97M	9.08M	19.81M	17.26M	16.83M
Total Debt	255.63K	126.60K	330.31K	598.78K	407.03K
Total Liabilities	3.28M	4.93M	5.35M	13.00M	8.14M
Stockholders Equity	21.16M	27.64M	38.95M	32.80M	44.18M
Cash Flow
Free Cash Flow	-13.46M	-16.75M	-24.91M	-21.70M	-14.18M
Operating Cash Flow	-13.44M	-15.80M	-24.51M	-20.94M	-14.13M
Investing Cash Flow	3.16M	-80.52K	6.80M	7.06M	8.79M
Financing Cash Flow	9.07M	5.39M	22.61M	14.32M	6.91M

Liberty Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.32
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LGD, the sentiment is Negative. The current price of 0.32 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.30, and above the 200-day MA of 0.32, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.25 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LGD.

Liberty Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MJS	71 Outperform	C$159.53M	11.09	9.39%	―	36.47%	42.27%
SANU	51 Neutral	C$107.07M	―	2.75%	―	―	60.14%
STLR	51 Neutral	C$101.63M	―	-23.25%	―	―	26.82%
AU	50 Neutral	C$104.72M	―	-6.09%	―	―	34.61%
Sector *	44 Neutral	C$953.01M	-6.70	-13.31%	2.79%	17.55%	-32.28%
LGD	40 Underperform	$143.11M	―	-73.46%	―	―	24.40%
NCAU	38 Underperform	C$147.13M	―	-9.41%	―	―	-64.81%

Liberty Gold Corporate Events

Liberty Gold Announces Leadership Transition as CEO Cal Everett Retires

Liberty Gold announced the retirement of its CEO, Cal Everett, who will transition to a non-executive director role at the spin-out entity, Specialty American Metals Inc. Dr. Jon Gilligan will succeed him as President and CEO, bringing over 35 years of mining industry experience. This leadership change is expected to bolster Liberty Gold’s operations as it advances its flagship Black Pine project and continues to grow its presence in the US Great Basin oxide gold developer space.

Spark’s Take on TSE:LGD Stock

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

Liberty Gold’s stock is heavily challenged by its poor financial performance, characterized by zero revenue and ongoing losses. Despite a solid equity position, persistent reductions in equity and assets raise liquidity concerns. Technical indicators are neutral, and valuation is unattractive. However, positive corporate events, including strategic project developments, offer potential future benefits that partly offset current financial weaknesses.

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

Liberty Gold Secures C$23 Million to Boost Black Pine Project

Liberty Gold has successfully closed a C$23 million bought deal public offering, issuing 69,699,200 units at C$0.33 per unit. The proceeds will be used to advance the Black Pine Oxide Gold Project and for general corporate purposes, enhancing the company’s operational capabilities and market positioning in the prolific gold-producing Great Basin region.

Spark’s Take on TSE:LGD Stock

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

Liberty Gold is heavily challenged by its poor financial performance, characterized by zero revenue and ongoing losses. Despite a solid equity position, persistent reductions in equity and assets raise liquidity concerns. Technical indicators are neutral, with no clear momentum. Valuation is unattractive due to a negative P/E ratio and no dividend yield. However, the recent $20 million financing and strategic spin-out plans provide some hope for future improvements, offsetting some financial weaknesses.

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

Liberty Gold Announces Public Offering and Management Change

Liberty Gold Corp. has filed a prospectus supplement for a ‘bought deal’ public offering to distribute over 60 million units at $0.33 per unit, with an option for additional units. This move, subject to regulatory approval, aims to support the company’s growth initiatives. Additionally, Darin Smith, Senior Vice President Corporate Development, will resign in May 2025, having played a key role in strategic initiatives and the Black Pine Project’s Pre-Feasibility Study.

Spark’s Take on TSE:LGD Stock

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

Liberty Gold faces significant financial challenges with no revenue and ongoing losses. Although technical indicators are neutral, the valuation remains unattractive. However, positive corporate events such as strategic project developments offer potential future benefits that partly offset current weaknesses.

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

Liberty Gold Secures $20 Million for Project Advancement

Liberty Gold Corp. has announced a $20 million bought deal public offering, with Canaccord Genuity Corp. as the sole bookrunner. The proceeds will be used to advance the Black Pine Oxide Gold Project and for general corporate purposes, positioning the company to further develop its projects in the prolific gold-producing Great Basin region.

Spark’s Take on TSE:LGD Stock

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

Liberty Gold’s stock is challenged by poor financial performance with no revenue and ongoing losses. Technical indicators are neutral, and valuation is unattractive. However, positive corporate events, including strategic project developments, offer potential future benefits that partly offset current financial weaknesses.

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

Liberty Gold Announces Spin-Out of Specialty Metals Unit

Liberty Gold Corp. announced the spin-out of its Goldstrike Project and Antimony Ridge discovery into a new entity, Specialty American Metals Inc. This strategic move aims to unlock the value of its specialty metals assets, positioning the new company to pursue growth in the U.S. specialty metals market. The arrangement will allow Liberty Gold shareholders to own shares in both Liberty Gold and Specialty American, with the latter focusing on the promising Antimony Ridge discovery. The leadership team for Specialty American has been appointed, with Russell Starr as CEO, and the transaction is expected to be finalized in the third quarter of 2025.

Spark’s Take on TSE:LGD Stock

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

Liberty Gold’s stock is challenged by poor financial performance with no revenue and ongoing losses. Technical indicators are neutral, and valuation is unattractive. However, positive corporate events, including strategic project developments, offer potential future benefits that partly offset current financial weaknesses.

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

Liberty Gold Announces 2024 Financial Results and Strategic Project Developments

Liberty Gold Corp. reported its financial and operational results for the year ending December 31, 2024, highlighting significant developments in its projects. The company completed the sale of its TV Tower project in Türkiye and received the first payment, with further payments scheduled. At the Black Pine project in Idaho, a preliminary feasibility study confirmed the commercial viability of an open-pit operation, and exploration drilling expanded the mineralized zone. The Goldstrike project in Utah saw increased antimony mineralization, and plans to spin out the project into a separate entity are underway, with completion expected in the third quarter of 2025.

Liberty Gold Advances Black Pine Project with Key Submissions

Liberty Gold Corp. has reached significant milestones in advancing its Black Pine Gold Project in Idaho by submitting the draft Mine Plan of Operations to relevant authorities and executing a Memorandum of Understanding to streamline the permitting process. These developments mark a crucial step in the federal permitting process under the National Environmental Protection Act, which will involve an Environmental Impact Statement to assess potential environmental and socioeconomic impacts, ensuring adherence to high environmental and operational standards.

Liberty Gold to Spin-Out Goldstrike Project Amid New Antimony Discovery

Liberty Gold has discovered a third zone of high-grade antimony mineralization at Antimony Ridge, prompting the company to spin out the Goldstrike Project into a new U.S.-focused strategic metals company. This move aims to create shareholder value by establishing a separate entity centered on the promising antimony discovery, which has shown significant mineralized zones and potential for further exploration and development, indicating a strong market opportunity.