1. Limited geographical diversification: Liberty Gold Corp operates primarily in the United States and Turkey, which limits its exposure to other potentially lucrative mining regions.
2. Smaller market capitalization: Compared to its peers, Liberty Gold Corp has a smaller market capitalization, which may limit its ability to attract investors and raise capital.
3. Higher debt levels: The company has a higher debt-to-equity ratio compared to its peers, which may increase its financial risk and limit its ability to invest in growth opportunities.
4. Lower production levels: Liberty Gold Corp has lower production levels compared to its peers, which may limit its ability to generate revenue and profits.
5. Limited track record: The company has a relatively short track record compared to its peers, which may make it less attractive to investors who prefer more established mining companies.
6. Dependence on exploration success: Liberty Gold Corp's success is heavily dependent on its ability to discover and develop new mineral deposits, which can be unpredictable and risky.
7. Exposure to political and regulatory risks: The company operates in regions with varying political and regulatory environments, which may increase its exposure to risks such as changes in government policies, environmental regulations, and social unrest.