Loncor Gold Inc. (OTCMKTS:LONCF) Short Interest Update

Loncor Gold Inc. (OTCMKTS:LONCF) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 59,200 shares, an increase of 111.4% from the February 13th total of 28,000 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 136,200 shares, the short-interest ratio is currently 0.4 days.

Loncor Gold Price Performance

Shares of LONCF stock opened at $0.40 on Friday. The stock has a market cap of $62.39 million, a P/E ratio of -2.88 and a beta of 0.92. The company has a fifty day moving average price of $0.40 and a two-hundred day moving average price of $0.35. Loncor Gold has a one year low of $0.24 and a one year high of $0.46.

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.