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

Loncor Gold Inc. (OTCMKTS:LONCF) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 2,400 shares, a growth of 2,300.0% from the February 29th total of 100 shares. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is currently 0.3 days.

Loncor Gold Trading Down 5.4 %

Shares of OTCMKTS:LONCF opened at $0.27 on Thursday. The business has a 50-day moving average price of $0.25 and a 200 day moving average price of $0.25. The company has a market capitalization of $40.69 million, a price-to-earnings ratio of -26.50 and a beta of 1.12. Loncor Gold has a 12-month low of $0.20 and a 12-month high of $0.35.

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. 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.