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$1.21 to C$1.27
• 50-Day Range: C$0.63 to C$1.27
• 52-Week Range: C$0.37 to C$1.31
• Volume: 254,855 shs
• Average Volume: 211,562 shs
• Market Capitalization: C$220.12 million
• P/E Ratio: N/A
• Dividend Yield: 0.97%
• Price Target: C$1.70
• Consensus Rating: Buy

Loncor Gold Stock Analysis - MarketRank™

Loncor Gold scored higher than 26% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Loncor Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Loncor Gold has a consensus price target of C$1.70, representing about 36.0% upside from its current price of C$1.25.

Amount of Analyst Coverage

Loncor Gold has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Loncor Gold is -41.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Loncor Gold is -41.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Loncor Gold has a P/B Ratio of 6.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LN.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Loncor Gold has a dividend yield of 0.97%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Loncor Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LN.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Loncor Gold this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Loncor Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

43.31% of the stock of Loncor Gold is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 9.63% of the stock of Loncor Gold is held by institutions.

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 beginning of the year. Since then, LN stock has increased by 131.5% and is now trading at C$1.25.

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$1.70
• High Price Target: C$1.70
• Low Price Target: C$1.70
• Potential Upside/Downside: +36.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.03)
• 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$0.01 per share
• Price / Cash Flow: 180.00
• Book Value: C$0.20 per share
• Price / Book: 6.40

Miscellaneous

• Outstanding Shares: 176,095,000
• Free Float: N/A
• Market Cap: C$220.12 million
• Optionable: Not Optionable
• Beta: 0.17