Loncor Gold Inc. (OTCMKTS:LONCF - Get Free Report)'s stock price dropped 7.7% during mid-day trading on Tuesday . The company traded as low as $0.44 and last traded at $0.45. Approximately 750,783 shares changed hands during mid-day trading, an increase of 340% from the average daily volume of 170,483 shares. The stock had previously closed at $0.48.
Loncor Gold Stock Performance
The company has a market capitalization of $68.49 million, a P/E ratio of -3.10 and a beta of 0.61. The company has a 50-day simple moving average of $0.47 and a 200 day simple moving average of $0.41.
Loncor Gold (OTCMKTS:LONCF - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported ($0.01) earnings per share for the quarter.
Loncor Gold Company Profile
(
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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.
Further Reading
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