Loncor Gold Inc. (OTCMKTS:LONCF – Get Rating) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 10,800 shares, a growth of 8.0% from the March 15th total of 10,000 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 54.0 days.
Loncor Gold Trading Down 7.4 %
Shares of LONCF stock opened at $0.26 on Friday. The business's 50-day moving average price is $0.30 and its 200-day moving average price is $0.26. Loncor Gold has a 12 month low of $0.21 and a 12 month high of $0.42. The firm has a market capitalization of $38.01 million, a price-to-earnings ratio of -12.87 and a beta of 1.26.
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Loncor Gold, Inc engages in the acquisition, exploration, and development of gold and mineral properties. Its portfolio includes Ngayu and North Kivu projects. The company was founded by Arnold T. Kondrat on August 24, 1993 and is headquartered in Toronto, Canada.
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