Loncor Gold (LN) Stock Price, News & Analysis

Company Overview

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. In December 2021 a PEA on Adumbi produced an NPV@5% of US$624M after tax using US$1600/oz. Loncor owns 84.68% of Adumbi, the DRC Government owns 10% with a mining permit already in place.

Key Stats

• Today's Range: C$0.65 to C$0.69
• 50-Day Range: C$0.50 to C$0.94
• 52-Week Range: C$0.34 to C$0.95
• Volume: 71,504 shs
• Average Volume: 211,386 shs
• Market Capitalization: C$71.75 million
• P/E Ratio: N/A
• Dividend Yield: 0.97%
• Price Target: C$1.57
• Consensus Rating: Buy

LN Stock Analysis - Frequently Asked Questions

How have LN shares performed this year?

Loncor Gold's stock was trading at C$0.54 at the start of the year. Since then, LN stock has increased by 22.2% and is now trading at C$0.66.

How do I buy shares of Loncor Gold?

Shares of LN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Loncor Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Loncor Gold investors own include Globant (GLOB), JD.com (JD), Linde (LIN), Marvell Technology (MRVL), NVIDIA (NVDA), Portofino Resources (POR) and Roblox (RBLX).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Precious Metals
• Current Symbol: TSE:LN
• CIK: N/A
• Web: www.loncor.com
• Phone: 416-361-2510
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Loncor Gold: C$1.57
• High Price Target: C$1.57
• Low Price Target: C$1.57
• Potential Upside/Downside: +137.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$22.87 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -103.70%
• Return on Assets: -39.51%

Debt

• Debt-to-Equity Ratio: 0.61
• Current Ratio: 1.73
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.00 per share
• Price / Cash Flow: 180.00
• Book Value: C$0.20 per share
• Price / Book: 3.38

Miscellaneous

• Outstanding Shares: 108,715,288
• Free Float: N/A
• Market Cap: C$71.75 million
• Optionable: Not Optionable
• Beta: 1.16