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

Loncor Gold Inc. (OTCMKTS:LONCF - Get Free Report) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 377,200 shares, a growth of 331.1% from the April 30th total of 87,500 shares. Currently, 0.3% of the company's stock are sold short. Based on an average trading volume of 925,300 shares, the short-interest ratio is presently 0.4 days.

Loncor Gold Price Performance

OTCMKTS LONCF traded up $0.01 on Monday, hitting $0.43. The stock had a trading volume of 198,625 shares, compared to its average volume of 179,962. The business's fifty day moving average price is $0.47 and its 200 day moving average price is $0.41. The stock has a market cap of $68.49 million, a price-to-earnings ratio of -3.10 and a beta of 0.61. Loncor Gold has a 52-week low of $0.24 and a 52-week high of $0.74.

Loncor Gold (OTCMKTS:LONCF - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported ($0.01) earnings per share for the quarter.

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.