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

Loncor Gold Inc. (OTCMKTS:LONCF) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 31,000 shares, an increase of 694.9% from the October 15th total of 3,900 shares. Based on an average daily volume of 122,400 shares, the short-interest ratio is presently 0.3 days.

Loncor Gold Stock Performance

Shares of OTCMKTS LONCF remained flat at $0.34 during mid-day trading on Tuesday. 7,810 shares of the stock were exchanged, compared to its average volume of 20,233. The company has a market capitalization of $53.16 million, a PE ratio of -2.47 and a beta of 0.96. The business has a fifty day moving average of $0.30 and a 200-day moving average of $0.29. Loncor Gold has a 52-week low of $0.22 and a 52-week high of $0.37.

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

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 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.