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

Loncor Gold Inc. (OTCMKTS:LONCF) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 9,800 shares, a drop of 77.8% from the March 15th total of 44,100 shares. Based on an average daily volume of 195,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Loncor Gold Stock Down 0.3 %

Shares of OTCMKTS:LONCF opened at $0.44 on Tuesday. The stock has a market cap of $68.77 million, a price-to-earnings ratio of -3.18 and a beta of 0.82. The business’s 50 day moving average is $0.41 and its 200 day moving average is $0.37. Loncor Gold has a 12-month low of $0.24 and a 12-month high of $0.46.

Loncor Gold (OTCMKTS:LONCF) last posted its earnings results on Monday, March 31st. 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.