Shares of Loncor Gold Inc. (TSE:LN – Get Free Report) traded up 2.9% during trading on Thursday . The stock traded as high as C$0.35 and last traded at C$0.35. 21,500 shares traded hands during mid-day trading, an increase of 1% from the average session volume of 21,197 shares. The stock had previously closed at C$0.34.
Loncor Gold Price Performance
The firm’s fifty day moving average price is C$0.34 and its 200 day moving average price is C$0.34. The firm has a market capitalization of C$53.60 million, a PE ratio of -35.00 and a beta of 1.09. The company has a current ratio of 0.93, a quick ratio of 0.77 and a debt-to-equity ratio of 0.85.
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. 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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