Loncor Gold Inc. (TSE:LN - Get Free Report)'s share price shot up 3.4% during trading on Tuesday . The company traded as high as C$0.60 and last traded at C$0.60. 184,864 shares changed hands during mid-day trading, a decline of 1% from the average session volume of 186,003 shares. The stock had previously closed at C$0.58.
Loncor Gold Stock Down 1.7%
The stock has a market cap of C$63.05 million, a P/E ratio of -1.94 and a beta of 1.16. The company has a quick ratio of 0.77, a current ratio of 1.73 and a debt-to-equity ratio of 0.61. The company has a 50-day simple moving average of C$0.66 and a two-hundred day simple moving average of C$0.59.
About Loncor Gold
(
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Loncor Gold Inc is a gold exploration and project development company with projects in the North East of the DRC. Elements of management have had 25 years of exposure to the DRC. The company is focused on expanding the 3.66M oz Adumbi resource, 220kms from Africa's largest gold producer, the Kibali Mine.
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