Loncor Gold Inc. (TSE:LN - Get Free Report) shares fell 3.8% during trading on Wednesday . The stock traded as low as C$0.50 and last traded at C$0.50. 148,873 shares traded hands during trading, a decline of 23% from the average session volume of 193,481 shares. The stock had previously closed at C$0.52.
Loncor Gold Trading Down 3.8%
The company has a 50 day simple moving average of C$0.64 and a 200 day simple moving average of C$0.59. The company has a current ratio of 1.73, a quick ratio of 0.77 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of C$54.36 million, a PE ratio of -1.67 and a beta of 1.16.
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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