Loncor Gold Inc. (OTCMKTS:LONCF – Get Free Report) rose 3.4% during mid-day trading on Friday . The stock traded as high as $0.28 and last traded at $0.28. Approximately 9,400 shares traded hands during trading, a decline of 14% from the average daily volume of 10,928 shares. The stock had previously closed at $0.27.
Loncor Gold Price Performance
The firm’s fifty day simple moving average is $0.25 and its 200 day simple moving average is $0.25. The company has a market capitalization of $43.08 million, a price-to-earnings ratio of -2.00 and a beta of 1.14.
About Loncor Gold
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. 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.
Further Reading
- Five stocks we like better than Loncor Gold
- What is a Secondary Public Offering? What Investors Need to Know
- Comprehensive Analysis of PayPal Stock
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Intuitive Surgical Stock Can Trend Much Higher This YearÂ
- Dividend Capture Strategy: What You Need to Know
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for Loncor Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Loncor Gold and related companies with MarketBeat.com's FREE daily email newsletter.
