Shares of Loncor Gold Inc. (OTCMKTS:LONCF – Get Free Report) rose 3.4% during mid-day trading on Friday . The stock traded as high as $0.28 and last traded at $0.28. Approximately 9,400 shares traded hands during trading, a decline of 14% from the average daily volume of 10,928 shares. The stock had previously closed at $0.27.
Loncor Gold Stock Up 3.4 %
The firm has a fifty day simple moving average of $0.25 and a 200-day simple moving average of $0.25. The company has a market cap of $43.08 million, a PE ratio of -2.00 and a beta of 1.14.
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. 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.
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