Loncor Gold (OTCMKTS:LONCF) Posts Quarterly Earnings Results

Loncor Gold (OTCMKTS:LONCF) released its quarterly earnings data on Monday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.

Loncor Gold Price Performance

LONCF traded down $0.01 during trading on Wednesday, reaching $0.43. 188,301 shares of the stock traded hands, compared to its average volume of 62,744. Loncor Gold has a fifty-two week low of $0.24 and a fifty-two week high of $0.46. The stock’s 50-day simple moving average is $0.40 and its two-hundred day simple moving average is $0.36. The stock has a market cap of $66.33 million, a price-to-earnings ratio of -3.06 and a beta of 0.92.

Loncor Gold Company Profile

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.