TSX:LGD

Stock Analysis Report

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Market Cap

CA$321.7m

Last Updated

2021/07/27 00:50 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Liberty Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LGD is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: LGD's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-2.5%

LGD

2.5%

CA Metals and Mining

2.1%

CA Market


1 Year Return

-44.3%

LGD

-10.9%

CA Metals and Mining

27.4%

CA Market

Return vs Industry: LGD underperformed the Canadian Metals and Mining industry which returned -8.7% over the past year.

Return vs Market: LGD underperformed the Canadian Market which returned 28.2% over the past year.


Shareholder returns

LGDIndustryMarket
7 Day-2.5%2.5%2.1%
30 Day-23.4%-1.8%-1.5%
90 Day-21.9%-3.7%2.5%
1 Year-44.3%-44.3%-9.9%-10.9%31.3%27.4%
3 Year184.3%184.3%56.2%52.5%30.3%17.7%
5 Year59.5%59.5%18.8%14.9%51.1%28.8%

Long-Term Price Volatility Vs. Market

How volatile is Liberty Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

82.49x

Price to Earnings (PE) 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 poor value based on its PE Ratio (82.5x) compared to the Canadian Metals and Mining industry average (12.2x).

PE vs Market: LGD is poor value based on its PE Ratio (82.5x) compared to the Canadian market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: LGD is poor value based on its PEG Ratio (17x)


Price to Book Ratio

PB vs Industry: LGD is overvalued based on its PB Ratio (5.6x) compared to the CA Metals and Mining industry average (2.5x).


Future Growth

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

4.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LGD's forecast earnings growth (4.9% per year) is above the savings rate (1.5%).

Earnings vs Market: LGD's earnings (4.9% per year) are forecast to grow slower than the Canadian market (14.3% per year).

High Growth Earnings: LGD's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if LGD's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if LGD's revenue is forecast to grow faster than 20% per 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?

21.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LGD has a high level of non-cash earnings.

Growing Profit Margin: LGD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: LGD has become profitable over the past 5 years, growing earnings by 21.5% per year.

Accelerating Growth: LGD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: LGD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (214.7%).


Return on Equity

High ROE: LGD's Return on Equity (4.6%) is considered low.


Financial Health

How is Liberty Gold's financial position?


Financial Position Analysis

Short Term Liabilities: LGD's short term assets ($24.5M) exceed its short term liabilities ($5.6M).

Long Term Liabilities: LGD's short term assets ($24.5M) 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.

Debt Coverage: LGD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: LGD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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?

5.4yrs

Average management tenure


CEO

Cal Everett (65 yo)

5.42yrs

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 ($USD921.61K) is above average for companies of similar size in the Canadian market ($USD541.68K).

Compensation vs Earnings: Cal's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: LGD's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: LGD's board of directors are seasoned and experienced ( 10.3 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 7.7%.


Top Shareholders

Company Information

Liberty Gold Corp.'s company bio, 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$321.724m
  • Shares outstanding: 263.71m
  • 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


Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/27 00:50
End of Day Share Price2021/07/26 00:00
Earnings2021/03/31
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.