Loncor Gold (OTCMKTS:LONCF) Trading Up 0.5% – Here’s Why

Loncor Gold Inc. (OTCMKTS:LONCFGet Free Report)’s stock price was up 0.5% on Friday . The company traded as high as $0.93 and last traded at $0.93. Approximately 166,845 shares changed hands during trading, a decline of 35% from the average daily volume of 255,486 shares. The stock had previously closed at $0.9250.

Loncor Gold Stock Performance

The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average is $0.77 and its two-hundred day moving average is $0.57. The stock has a market cap of $164.42 million, a price-to-earnings ratio of -46.50 and a beta of 0.66.

About Loncor Gold

(Get Free Report)

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.

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