Loncor Gold (OTCMKTS:LONCF) Posts Earnings Results

Loncor Gold (OTCMKTS:LONCF) issued its quarterly earnings data on Monday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.

Loncor Gold Trading Down 2.7 %

OTCMKTS:LONCF traded down $0.01 during midday trading on Wednesday, hitting $0.43. 188,301 shares of the company traded hands, compared to its average volume of 62,744. The firm has a market capitalization of $66.33 million, a P/E ratio of -3.06 and a beta of 0.92. The firm’s fifty day moving average is $0.40 and its 200-day moving average is $0.36. Loncor Gold has a 12-month low of $0.24 and a 12-month 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.