The Globe and Mail reports in its Thursday, July 27, edition that Canaccord Genuity analyst Peter Bell has commenced coverage on Liberty Gold with a "speculative buy" recommendation and $1.90 share target. The Globe's Darcy Keith writes in the Eye On Equities column that analysts on average target the shares at $1.48. Liberty Gold is a junior developer advancing its 100-per-cent-owned flagship Black Pine project located in Idaho. Mr. Bell says in a note: "As a straightforward open-pit, heap-leach project situated in a world-class jurisdiction with low initial capital requirements, we see the Black Pine project as a relatively low-risk development story with substantial gold leverage. Following an initial resource that disappointed the market in 2021, the share price corrected through late 2022. A change in management followed by a more robust resource in early 2023 has coincided with modest price recovery, but we feel that the resource growth is underappreciated. ... Now under the leadership of CEO Jason Attew, we believe Liberty has entered a transition period with a robust, past-producing, technically straightforward asset with multiple potential catalysts on the horizon and a realistic path to construction."