Liberty Gold Corp.

TSX:LGD Stock Report

Market Cap: CA$800.6m

Liberty Gold Valuation

Is LGD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of LGD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: Insufficient data to calculate LGD's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate LGD's future cash flow value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for LGD?

Key metric: As LGD is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for LGD. This is calculated by dividing LGD's market cap by their current book value.
What is LGD's PB Ratio?
PB Ratio15.7x
BookUS$35.28m
Market CapUS$564.69m

Price to Book Ratio vs Peers

How does LGD's PB Ratio compare to its peers?

The above table shows the PB ratio for LGD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.9x
ITH International Tower Hill Mines
3.4xn/aCA$811.1m
GAU Galiano Gold
2.1x32.41%CA$817.6m
THX Thor Explorations
1.3x-5.10%CA$753.2m
AUXX Gold X2 Mining
4.7x49.50%CA$788.1m
LGD Liberty Gold
15.7xn/aCA$800.6m

Price-To-Book vs Peers: LGD is expensive based on its Price-To-Book Ratio (15.7x) compared to the peer average (2.9x).


Historical Price to Book Ratio

Historical Price to Book Ratio compares a stock's price to the book value of it's equity over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Book Ratio vs Industry

How does LGD's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

63 CompaniesPrice / BookEstimated GrowthMarket Cap
LUC Lucara Diamond
0.4x50.49%US$157.75m
LGO Largo
0.5xn/aUS$72.74m
NIF.UN Noranda Income Fund
0.3xn/aUS$72.05m
S Sherritt International
0.2xn/aUS$59.60m
LGD 15.7xIndustry Avg. 2.7xNo. of Companies139PB0246810+
63 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: LGD is expensive based on its Price-To-Book Ratio (15.7x) compared to the Canadian Metals and Mining industry average (2.8x).


Price to Book Ratio vs Fair Ratio

What is LGD's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LGD PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio15.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate LGD's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LGD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$1.45
CA$4.08
+181.61%
45.65%CA$6.25CA$1.70n/a3
Jun ’27CA$1.78
CA$4.08
+129.40%
45.65%CA$6.25CA$1.70n/a3
May ’27CA$1.46
CA$3.73
+155.71%
41.86%CA$5.50CA$1.70n/a3
Apr ’27CA$1.22
CA$3.73
+206.01%
41.86%CA$5.50CA$1.70n/a3
Mar ’27CA$1.58
CA$3.57
+125.74%
38.74%CA$5.00CA$1.70n/a3
Feb ’27CA$1.03
CA$3.43
+233.33%
45.52%CA$5.00CA$1.30n/a3
Jan ’27CA$0.83
CA$2.71
+226.81%
58.70%CA$5.00CA$1.15n/a4
Dec ’26CA$0.89
CA$2.61
+193.54%
64.60%CA$5.00CA$0.90n/a4
Nov ’26CA$0.78
CA$2.61
+234.94%
64.60%CA$5.00CA$0.90n/a4
Oct ’26CA$0.64
CA$2.05
+220.31%
75.91%CA$4.25CA$0.90n/a3
Sep ’26CA$0.49
CA$1.98
+300.67%
81.05%CA$4.25CA$0.70n/a3
Aug ’26CA$0.34
CA$1.86
+447.79%
69.37%CA$4.00CA$0.70n/a4
Jul ’26CA$0.33
CA$1.86
+473.08%
69.37%CA$4.00CA$0.70n/a4
Jun ’26CA$0.29
CA$1.81
+525.00%
73.23%CA$4.00CA$0.75CA$1.784
May ’26CA$0.27
CA$1.83
+575.93%
72.19%CA$4.00CA$0.75CA$1.464
Apr ’26CA$0.34
CA$1.80
+437.31%
74.30%CA$4.00CA$0.70CA$1.224
Mar ’26CA$0.33
CA$1.80
+445.45%
74.30%CA$4.00CA$0.70CA$1.584
Feb ’26CA$0.30
CA$1.82
+505.56%
84.99%CA$4.00CA$0.70CA$1.033
Jan ’26CA$0.26
CA$1.61
+520.19%
77.69%CA$3.75CA$0.70CA$0.834
Dec ’25CA$0.29
CA$1.61
+446.61%
77.69%CA$3.75CA$0.70CA$0.894
Nov ’25CA$0.33
CA$1.61
+396.15%
77.69%CA$3.75CA$0.70CA$0.784
Oct ’25CA$0.34
CA$1.49
+331.16%
69.92%CA$3.25CA$0.70CA$0.644
Sep ’25CA$0.38
CA$1.49
+291.45%
69.92%CA$3.25CA$0.70CA$0.494
Aug ’25CA$0.41
CA$1.49
+262.80%
69.92%CA$3.25CA$0.70CA$0.344
Jul ’25CA$0.32
CA$1.29
+308.73%
57.10%CA$2.50CA$0.70CA$0.334
Jun ’25CA$0.36
CA$1.29
+252.74%
57.10%CA$2.50CA$0.70CA$0.294
CA$4.08
Fair Value
64.5% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/19 19:35
End of Day Share Price 2026/06/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Liberty Gold Corp. is covered by 14 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian QuastBMO Capital Markets Equity Research
Matthew MurphyBMO Capital Markets Equity Research
Peter BellCanaccord Genuity