Liberty Gold Corp Stock Net Income
| LGD Stock | CAD 0.30 0.01 3.45% |
Liberty Gold Corp fundamentals help investors to digest information that contributes to Liberty Gold's financial success or failures. It also enables traders to predict the movement of Liberty Stock. The fundamental analysis module provides a way to measure Liberty Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Liberty Gold stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -20.2 M | -19.2 M | |
| Net Loss | -20.8 M | -19.8 M | |
| Net Loss | -19 M | -18 M | |
| Net Loss | (0.06) | (0.06) | |
| Net Income Per E B T | 0.99 | 0.81 |
Liberty | Net Income |
Liberty Gold Corp Company Net Income Analysis
Liberty Gold's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Liberty Gold Net Income | (20.19 M) |
Most of Liberty Gold's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Liberty Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Liberty Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Liberty Gold is extremely important. It helps to project a fair market value of Liberty Stock properly, considering its historical fundamentals such as Net Income. Since Liberty Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Liberty Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Liberty Gold's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Liberty Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Liberty Gold Corp reported net income of (20.19 Million). This is 67.78% higher than that of the Metals & Mining sector and 85.43% lower than that of the Materials industry. The net income for all Canada stocks is 103.54% higher than that of the company.
Liberty Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Liberty Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Liberty Gold could also be used in its relative valuation, which is a method of valuing Liberty Gold by comparing valuation metrics of similar companies.Liberty Gold is currently under evaluation in net income category among its peers.
Liberty Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Liberty Gold from analyzing Liberty Gold's financial statements. These drivers represent accounts that assess Liberty Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Liberty Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 181.7M | 382.7M | 207.1M | 128.3M | 76.3M | 89.6M | |
| Enterprise Value | 168.0M | 366.4M | 190.6M | 108.9M | 67.4M | 80.8M |
Liberty Fundamentals
| Return On Equity | -0.52 | ||||
| Return On Asset | -0.26 | ||||
| Current Valuation | 97.62 M | ||||
| Shares Outstanding | 381.16 M | ||||
| Shares Owned By Insiders | 3.21 % | ||||
| Shares Owned By Institutions | 30.20 % | ||||
| Number Of Shares Shorted | 846.76 K | ||||
| Price To Book | 3.07 X | ||||
| EBITDA | (18.62 M) | ||||
| Net Income | (20.19 M) | ||||
| Cash And Equivalents | 19.72 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 126.6 K | ||||
| Debt To Equity | 2.30 % | ||||
| Current Ratio | 4.38 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (15.8 M) | ||||
| Short Ratio | 1.77 X | ||||
| Earnings Per Share | (0.06) X | ||||
| Target Price | 1.61 | ||||
| Number Of Employees | 13 | ||||
| Beta | 1.54 | ||||
| Market Capitalization | 114.35 M | ||||
| Total Asset | 35.34 M | ||||
| Retained Earnings | (246.41 M) | ||||
| Working Capital | 7.65 M | ||||
| Net Asset | 35.34 M |
About Liberty Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Liberty Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Liberty Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Liberty Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Liberty Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Liberty Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Liberty Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Liberty Stock
Moving against Liberty Stock
| 0.78 | AMZN | Amazon CDR | PairCorr |
| 0.78 | WMT | Walmart Inc CDR | PairCorr |
| 0.77 | BOFA | Bank of America | PairCorr |
| 0.73 | GS | GOLDMAN SACHS CDR | PairCorr |
| 0.64 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Liberty Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liberty Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Liberty Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Liberty Gold Corp to buy it.
The correlation of Liberty Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Liberty Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liberty Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Liberty Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Liberty Stock
Liberty Gold financial ratios help investors to determine whether Liberty Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Liberty with respect to the benefits of owning Liberty Gold security.