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An announcement from Liberty Gold ( (TSE:LGD) ) is now available.
Liberty Gold has announced successful results from its Phase 5B metallurgical program at the Black Pine Oxide Gold Project, confirming robust gold leach recoveries. The results show consistent gold extraction rates across the primary ore bodies, supporting a low-cost, run-of-mine heap leach processing approach. These findings enhance the feasibility of the project and position Rangefront as a premier leaching ore zone, potentially increasing its significance in the company’s operations.
The most recent analyst rating on (TSE:LGD) stock is a Buy with a C$4.25 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 Corp. operates in the mining industry, focusing on the exploration and development of gold deposits. The company is primarily engaged in the extraction and processing of oxide gold, with a significant project located at the Black Pine Oxide Gold Project in southeast Idaho.
Average Trading Volume: 632,827
Technical Sentiment Signal: Buy
Current Market Cap: C$286.8M
For a thorough assessment of LGD stock, go to TipRanks’ Stock Analysis page.