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Loncor Gold Inc. (OTCMKTS:LONCF) Short Interest Up 245.9% in April

Loncor Gold logo with Basic Materials background

Loncor Gold Inc. (OTCMKTS:LONCF - Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 33,900 shares, a growth of 245.9% from the March 31st total of 9,800 shares. Based on an average trading volume of 269,200 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Loncor Gold Stock Down 0.7 %

OTCMKTS LONCF traded down $0.00 during mid-day trading on Wednesday, hitting $0.43. The stock had a trading volume of 75,540 shares, compared to its average volume of 89,654. The company has a 50 day simple moving average of $0.42 and a 200 day simple moving average of $0.38. The company has a market cap of $68.44 million, a price-to-earnings ratio of -3.10 and a beta of 0.82. Loncor Gold has a 52-week low of $0.24 and a 52-week high of $0.52.

Loncor Gold (OTCMKTS:LONCF - Get Free Report) last released its quarterly earnings data on Monday, March 31st. The company reported ($0.01) EPS for the quarter.

Loncor Gold Company Profile

(Get Free Report)

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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