Loncor Gold Inc. (TSE:LN - Get Free Report) shares fell 3.8% during mid-day trading on Wednesday . The company traded as low as C$0.50 and last traded at C$0.50. 148,873 shares traded hands during mid-day 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 1.9%
The company has a market capitalization of C$56.53 million, a P/E ratio of -1.74 and a beta of 1.16. The business has a fifty day moving average of C$0.63 and a 200-day moving average of C$0.59. 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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