Loncor Gold Inc. (OTCMKTS:LONCF – Get Free Report) traded down 5% on Thursday . The company traded as low as $0.34 and last traded at $0.35. 27,000 shares traded hands during trading, an increase of 16% from the average session volume of 23,294 shares. The stock had previously closed at $0.37.
Loncor Gold Price Performance
The firm has a 50-day moving average price of $0.34 and a 200 day moving average price of $0.30. The company has a market cap of $55.66 million, a price-to-earnings ratio of -2.57 and a beta of 0.94.
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.
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