Loncor Gold (OTCMKTS:LONCF) Trading 0.8% Higher – Here’s What Happened

Shares of Loncor Gold Inc. (OTCMKTS:LONCF) were up 0.8% during trading on Thursday . The company traded as high as $0.9423 and last traded at $0.9270. Approximately 99,722 shares were traded during trading, a decline of 27% from the average daily volume of 135,700 shares. The stock had previously closed at $0.92.

Loncor Gold Trading Up 0.8%

The company has a quick ratio of 3.42, a current ratio of 3.42 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $163.89 million, a price-to-earnings ratio of -30.90 and a beta of 0.74. The firm’s 50 day moving average is $0.92 and its 200 day moving average is $0.64.

Loncor Gold (OTCMKTS:LONCF) last released its quarterly earnings data on Thursday, November 13th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Loncor Gold

Loncor Gold Inc, a gold exploration company, engages in the acquisition, exploration, and development of precious metal projects in the Ngayu greenstone belt in the northeast of the Democratic Republic of the Congo and Canada. It explores for gold and platinum deposits. The company holds 84.68% interest in the Adumbi project, which consist of two mining licenses covering an area of 361 square kilometers located within the Archaean Ngayu Greenstone Belt in the Ituri and Haut Uele provinces in northeastern Congo.