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

Loncor Gold Inc. (OTCMKTS:LONCF) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 59,200 shares, a growth of 111.4% from the February 13th total of 28,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 136,200 shares, the short-interest ratio is presently 0.4 days.

Loncor Gold Stock Down 1.2 %

Shares of LONCF traded down $0.00 during mid-day trading on Friday, reaching $0.41. 81,022 shares of the company’s stock were exchanged, compared to its average volume of 52,332. Loncor Gold has a 52-week low of $0.24 and a 52-week high of $0.46. The company has a market cap of $62.63 million, a price-to-earnings ratio of -2.89 and a beta of 0.92. The company has a 50-day simple moving average of $0.40 and a two-hundred day simple moving average of $0.35.

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 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.