Loncor Gold (OTCMKTS:LONCF) Trading Up 0.8% – Here’s What Happened

Loncor Gold Inc. (OTCMKTS:LONCFGet Free Report)’s share price traded up 0.8% during trading on Thursday . The stock traded as high as $0.9423 and last traded at $0.9270. 99,722 shares were traded during mid-day trading, a decline of 27% from the average session volume of 135,700 shares. The stock had previously closed at $0.92.

Loncor Gold Trading Up 0.8%

The company has a quick ratio of 3.42, a current ratio of 3.42 and a debt-to-equity ratio of 0.01. The stock has a market cap of $163.89 million, a PE ratio of -30.90 and a beta of 0.74. The firm has a 50-day simple moving average of $0.92 and a 200-day simple moving average of $0.64.

Loncor Gold (OTCMKTS:LONCFGet Free Report) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Loncor Gold

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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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