Liberty Silver (OTCMKTS:BHLL) Trading Down 3.1% – Here’s What Happened

Shares of Liberty Silver Corp. (OTCMKTS:BHLL) dropped 3.1% on Tuesday . The stock traded as low as $3.40 and last traded at $3.41. 23,881 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 47,038 shares. The stock had previously closed at $3.52.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Liberty Silver to a “hold” rating in a research report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Liberty Silver Stock Down 3.1%

The firm’s fifty day moving average price is $4.03 and its two-hundred day moving average price is $4.88. The stock has a market capitalization of $156.52 million, a PE ratio of -2.66 and a beta of 1.21.

Liberty Silver (OTCMKTS:BHLL) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.29) by $0.06. As a group, analysts predict that Liberty Silver Corp. will post -0.19 EPS for the current year.

About Liberty Silver

Liberty Silver Corp. is a mineral exploration company focused on the acquisition, exploration and development of silver and associated base metal properties. The company’s core business activity centers on identifying high-potential silver and cobalt projects in the Americas and advancing those properties through systematic drilling, resource definition and permitting efforts. Liberty Silver seeks to leverage emerging market demand for silver in renewable energy and industrial applications.

The company holds interests in several early to advanced-stage exploration projects.