Loncor Gold Inc. (OTCMKTS:LONCF – Get Free Report)’s stock price dropped 0.3% during mid-day trading on Tuesday . The company traded as low as $0.37 and last traded at $0.37. Approximately 140,993 shares traded hands during trading, an increase of 244% from the average daily volume of 40,997 shares. The stock had previously closed at $0.38.
Loncor Gold Stock Performance
The company has a market capitalization of $57.84 million, a PE ratio of -2.67 and a beta of 0.91. The company’s fifty day moving average is $0.39 and its 200-day moving average is $0.34.
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.
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