LGD

Liberty GoldTSX:LGD Stock Report

Market Cap

CA$271.5m

7D

-12.2%

1Y

-54.9%

Updated

16 Sep, 2021

Data

Company Financials +
LGD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

LGD Overview

Liberty Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada, the United States and Turkey.

Price History & Performance

Summary of all time highs, changes and price drops for Liberty Gold
Historical stock prices
Current Share PriceCA$1.01
52 Week HighCA$0.96
52 Week LowCA$2.33
Beta1.52
1 Month Change-1.94%
3 Month Change-36.48%
1 Year Change-54.91%
3 Year Change149.38%
5 Year Change31.17%
Change since IPO-71.23%

Recent News & Updates

Shareholder Returns

LGDCA Metals and MiningCA Market
7D-12.2%0.9%0.3%
1Y-54.9%-10.4%30.0%

Return vs Industry: LGD underperformed the Canadian Metals and Mining industry which returned -11.9% over the past year.

Return vs Market: LGD underperformed the Canadian Market which returned 27% over the past year.

Price Volatility

Is LGD's price volatile compared to industry and market?
LGD volatility
LGD Beta1.52
Industry Beta1.09
Market Beta1

Stable Share Price: LGD is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: LGD's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201015Cal Everetthttps://www.libertygold.ca

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 856 owned and leased federal lode claims, 43 leased patented claims and private parcels, and two Utah State leased parcels covering an area of 7,261 hectares located in Washington County, southwest Utah; and the Black Pine project comprising 603 federal lode claims covering 4,777 hectares located in southeastern Idaho.

Valuation

Is Liberty Gold undervalued compared to its fair value and its price relative to the market?

5.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LGD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LGD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LGD is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.

PE vs Market: LGD is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LGD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LGD is overvalued based on its PB Ratio (5.5x) compared to the CA Metals and Mining industry average (2.4x).


Future Growth

How is Liberty Gold forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

15.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LGD is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LGD is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LGD is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LGD is forecast to have no revenue next year.

High Growth Revenue: LGD is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LGD's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Liberty Gold performed over the past 5 years?

25.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LGD is currently unprofitable.

Growing Profit Margin: LGD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LGD is unprofitable, but has reduced losses over the past 5 years at a rate of 25.9% per year.

Accelerating Growth: Unable to compare LGD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LGD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (116%).


Return on Equity

High ROE: LGD has a negative Return on Equity (-5.38%), as it is currently unprofitable.


Financial Health

How is Liberty Gold's financial position?


Financial Position Analysis

Short Term Liabilities: LGD's short term assets ($21.8M) exceed its short term liabilities ($6.9M).

Long Term Liabilities: LGD's short term assets ($21.8M) exceed its long term liabilities ($2.6M).


Debt to Equity History and Analysis

Debt Level: LGD is debt free.

Reducing Debt: LGD has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LGD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LGD has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 0.3% each year.


Dividend

What is Liberty Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LGD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LGD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LGD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LGD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LGD's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Cal Everett (65 yo)

5.58yrs

Tenure

US$921,613

Compensation

Mr. Calvin Everett, also known as Cal, B.Sc., serves as the Senior Financial Advisor at New Placer Dome Gold Corp. since June 2020. He has been the Chief Executive Officer and President of Liberty Gold Cor...


CEO Compensation Analysis

Compensation vs Market: Cal's total compensation ($USD921.61K) is above average for companies of similar size in the Canadian market ($USD496.08K).

Compensation vs Earnings: Cal's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: LGD's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: LGD's board of directors are considered experienced (8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LGD insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9%.


Top Shareholders

Company Information

Liberty Gold Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Liberty Gold Corp.
  • Ticker: LGD
  • Exchange: TSX
  • Founded: 2010
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$271.530m
  • Shares outstanding: 268.84m
  • Website: https://www.libertygold.ca

Number of Employees


Location

  • Liberty Gold Corp.
  • 1055 West Hastings Street
  • Suite 1900
  • Vancouver
  • British Columbia
  • V6E 2E9
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 04:47
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.