Loncor Gold Inc. (OTCMKTS:LONCF) Sees Significant Drop in Short Interest

Loncor Gold Inc. (OTCMKTS:LONCF) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 9,800 shares, a decrease of 77.8% from the March 15th total of 44,100 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 195,900 shares, the short-interest ratio is presently 0.1 days.

Loncor Gold Stock Up 15.2 %

LONCF opened at $0.51 on Thursday. Loncor Gold has a 52 week low of $0.24 and a 52 week high of $0.51. The stock has a market cap of $78.39 million, a PE ratio of -3.62 and a beta of 0.82. The business has a 50 day moving average of $0.41 and a 200-day moving average of $0.37.

Loncor Gold (OTCMKTS:LONCF) last announced its quarterly earnings data on Monday, March 31st. The company reported ($0.01) EPS for the quarter.

Loncor Gold Company Profile

Loncor Gold Inc, a gold exploration company, engages in the acquisition, exploration, and development of precious metal projects in the Ngayu greenstone belt in the northeast of the Democratic Republic of the Congo and Canada. It explores for gold and platinum deposits. The company holds 84.68% interest in the Adumbi project, which consist of two mining licenses covering an area of 361 square kilometers located within the Archaean Ngayu Greenstone Belt in the Ituri and Haut Uele provinces in northeastern Congo.