Liberty Gold (LGD) AI Stock Analysis

• Market Cap: $128.69M
• Dividend Yield: N/A
• Average Volume (3M): 266.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.27
• Revenue Growth: N/A
• EPS Growth: 29.94%
• Country: CA
• Employees: 13
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Mining
• EPS (TTM): -0.07
• Shares Outstanding: 384,135,560
• 10 Day Avg. Volume: 212,357
• 30 Day Avg. Volume: 266,225
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -5.70
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$3.74
• Price Target Upside: 1001.29% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

Liberty Gold's overall stock score is low, primarily due to its financial performance characterized by zero revenue and ongoing losses typical for exploration-stage mining companies. The technical analysis shows mixed signals with some short-term momentum. Valuation is challenging due to negative earnings, reflecting the speculative nature of the stock.

Liberty Gold Business Overview & Revenue Model

Company Description

Liberty Gold Corp. (LGD) is a North American gold exploration and development company focused on advancing its portfolio of promising gold projects. The company primarily operates in the mining sector, with its core activities centered around the exploration and development of gold mineral properties in the Great Basin of the United States, one of the most prolific gold-producing regions in the world. Liberty Gold's flagship projects include the Black Pine and Goldstrike properties, which have significant historical production and exploration potential.

How the Company Makes Money

Liberty Gold makes money through the exploration and development of gold properties with the aim of discovering economically viable mineral resources. The company generates revenue by advancing its projects through exploration, increasing the value of its properties through successful drilling and resource definition, and ultimately selling or partnering with larger mining companies for the development and production phases. Key revenue streams include the monetization of its gold assets through sales, joint ventures, and strategic partnerships with other mining enterprises. The company also benefits from investments and financing activities that support its exploration and development efforts.

Liberty Gold Financial Statement Overview

Summary

Liberty Gold operates as an exploration-stage mining company, resulting in zero revenue and ongoing operational losses. The balance sheet shows low leverage, which is positive, but shrinking assets and equity indicate potential financial pressures. Additionally, negative cash flow highlights a reliance on external funding.

Income Statement

Liberty Gold has consistently reported zero total revenue over the years, indicating no sales activity, which is typical for exploration-stage mining companies. The negative gross profit and net income highlight ongoing operational losses. While EBIT and EBITDA margins are not applicable due to zero revenue, the company has managed to narrow its losses slightly in the TTM period compared to previous years.

Balance Sheet

The company's balance sheet reflects a strong equity position relative to its liabilities, with a low debt-to-equity ratio, indicating conservative financial leverage. The equity ratio remains healthy. However, the declining total assets over the years and reduction in stockholder's equity suggest potential challenges in asset management and capital retention.

Cash Flow

Liberty Gold's cash flow statement reveals substantial negative operating cash flow, indicating a high burn rate typical for exploration companies. The company shows negative free cash flow, though financing activities have consistently provided cash inflows, reflecting reliance on external funding. The operating cash flow to net income ratio is not favorable, as both metrics are negative.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-154.25K	0.00	-353.35K	-337.05K	-268.85K	-259.91K
	EBIT
-16.56M	-20.01M	-29.21M	-25.67M	-15.71M	11.62M
	EBITDA
-15.23M	-18.62M	-36.08M	-25.53M	-38.05M	-11.11M
	Net Income Common Stockholders
-17.27M	-20.19M	-21.33M	-30.29M	7.48M	-12.03M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.01M	9.08M	19.81M	17.26M	16.83M	14.46M
	Total Assets
33.04M	35.34M	47.95M	53.33M	60.39M	42.11M
	Total Debt
69.20K	126.60K	330.31K	598.78K	407.03K	587.02K
	Net Debt
-6.85M	-8.86M	-19.39M	-16.56M	-16.33M	-13.78M
	Total Liabilities
5.20M	4.93M	5.35M	13.00M	8.14M	7.40M
	Stockholders Equity
25.12M	27.64M	38.95M	32.80M	44.18M	26.19M
Cash Flow		Free Cash Flow
-11.23M	-16.75M	-24.91M	-21.70M	-14.18M	-5.95M
	Operating Cash Flow
-11.20M	-15.80M	-24.51M	-20.94M	-14.13M	-5.94M
	Investing Cash Flow
-66.60K	-80.52K	6.80M	7.06M	8.79M	-80.81K
	Financing Cash Flow
9.07M	5.39M	22.61M	14.32M	6.91M	12.18M

Liberty Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 0.34 is above the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.31, and above the 200-day MA of 0.33, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.57 is Neutral, neither overbought nor oversold. The STOCH value of 36.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LGD.

Liberty Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	75 Outperform	C$2.43B	23.27	20.56%	―	64.92%	185.22%
TXG	68 Neutral	$2.80B	15.09	8.61%	―	28.22%	-33.06%
Sector *	46 Neutral	$2.64B	-3.89	-29.36%	3.33%	2.89%	-29.66%
LGD	39 Underperform	$128.69M	―	-58.52%	―	―	29.94%
NUG	27 Underperform	C$3.62M	―	-204.10%	―	―	-2467.86%

Liberty Gold Corporate Events

Liberty Gold Finds New Zone in Idaho Project

Liberty Gold Corp has announced promising initial assay results from its exploration drilling at the Black Pine Oxide Gold Project in Idaho, indicating a significant expansion of the mineralized zone. The company discovered a new, high-grade shallow zone, marking the thickest mineralized upper plate rocks drilled at Rangefront so far.

Liberty Gold Advances Black Pine Project with New Report

Liberty Gold has filed a technical report for the Black Pine Gold Project in Idaho, marking a significant step in their exploration and development efforts in the prolific Great Basin region. The report outlines the preliminary feasibility study prepared by a team of industry experts, emphasizing the potential for profitable open-pit mining.

Liberty Gold Uncovers High-Grade Mineralization in Utah

Liberty Gold has announced promising results from its field sampling at the Antimony Ridge site, part of the Goldstrike Oxide Gold Project in Utah, revealing significant high-grade antimony and gold mineralization. The company is preparing for further exploration and drilling in 2025 to advance the project.

Liberty Gold Unveils Key Project Sales and Discoveries

Liberty Gold Corp. has reported significant developments, including the sale of its TV Tower project in Türkiye and advancements at its Black Pine project in Idaho. The company also announced a high-grade antimony mineralizing system at its Goldstrike project in Utah, showcasing promising opportunities for future growth.

Liberty Gold Advances Black Pine Project Permitting

Liberty Gold has reached significant milestones in its permitting process for the Black Pine Oxide Gold project in Idaho, including partnerships with key federal agencies. These developments are pivotal in advancing the project towards feasibility, while maintaining compliance with environmental and regulatory standards.