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Short Interest in Loncor Gold Inc. (OTCMKTS:LONCF) Decreases By 37.2%

kopsource ·  Jul 20, 2022 04:52

Loncor Gold Inc. (OTCMKTS:LONCF – Get Rating) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 4,900 shares, a decrease of 37.2% from the June 15th total of 7,800 shares. Based on an average daily trading volume, of 7,100 shares, the short-interest ratio is presently 0.7 days.

Loncor Gold Trading Down 0.1 %

OTCMKTS:LONCF traded down $0.00 on Tuesday, hitting $0.24. The company's stock had a trading volume of 14,825 shares, compared to its average volume of 3,878. The firm has a market capitalization of $35.38 million, a P/E ratio of -7.99 and a beta of 1.72. The stock has a fifty day moving average of $0.34 and a two-hundred day moving average of $0.42. Loncor Gold has a one year low of $0.23 and a one year high of $0.67.

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Loncor Gold (OTCMKTS:LONCF – Get Rating) last posted its earnings results on Friday, May 13th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Loncor Gold

(Get Rating)

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. It also explores for platinum deposits. The company holds 84.68% interest in the Adumbi project, which consists of 6 mining leases 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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