Loncor Gold Inc. (OTCMKTS:LONCF) Short Interest Update

Loncor Gold Inc. (OTCMKTS:LONCF) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 44,100 shares, a decrease of 25.5% from the February 28th total of 59,200 shares. Based on an average daily volume of 148,300 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Loncor Gold Stock Down 2.5 %

Shares of OTCMKTS:LONCF opened at $0.42 on Friday. The firm has a market cap of $65.57 million, a P/E ratio of -3.03 and a beta of 0.92. Loncor Gold has a 12-month low of $0.24 and a 12-month high of $0.46. The business has a fifty day simple moving average of $0.40 and a 200 day simple moving average of $0.36.

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 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.