Loncor Gold Inc. (OTCMKTS:LONCF – Get Free Report) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 181,625 shares, a drop of 14.8% from the December 31st total of 213,294 shares. Based on an average daily volume of 143,374 shares, the short-interest ratio is currently 1.3 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 143,374 shares, the short-interest ratio is currently 1.3 days.
Loncor Gold Price Performance
Shares of Loncor Gold stock opened at $0.96 on Tuesday. The stock has a market capitalization of $175.08 million, a price-to-earnings ratio of -32.16 and a beta of 0.76. The firm’s 50-day moving average price is $0.96 and its two-hundred day moving average price is $0.80. The company has a current ratio of 3.42, a quick ratio of 3.42 and a debt-to-equity ratio of 0.01. Loncor Gold has a 1-year low of $0.35 and a 1-year high of $0.99.
Loncor Gold (OTCMKTS:LONCF – Get Free Report) last announced its earnings results on Thursday, November 13th. The company reported ($0.01) EPS for the quarter.
About Loncor Gold
Loncor Gold Inc is a Canadian exploration company concentrated on the acquisition, exploration and development of gold properties in the Democratic Republic of Congo. It trades on the OTC Markets under the ticker LONCF and on the Toronto Stock Exchange under the symbol LGC.
The company’s core assets comprise a portfolio of exploration licences covering more than 8,600 square kilometres along the Ngayu greenstone belt in northeastern DRC. This Archean belt has seen limited modern exploration, and Loncor has reported significant discoveries at its Adumbi deposit and other target zones, indicating potential for high-grade gold mineralisation.
Loncor’s operations focus on systematic drilling campaigns, geological mapping and resource delineation to advance projects toward feasibility.
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