Shares of Loncor Gold Inc. (TSE:LN - Get Free Report) traded up 15.8% on Monday . The stock traded as high as C$0.68 and last traded at C$0.66. 562,480 shares traded hands during mid-day trading, an increase of 182% from the average session volume of 199,117 shares. The stock had previously closed at C$0.57.
Loncor Gold Stock Performance
The firm has a market capitalization of C$69.58 million, a P/E ratio of -2.14 and a beta of 1.16. The stock has a 50-day moving average of C$0.62 and a 200 day moving average of C$0.60. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.77 and a current ratio of 1.73.
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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