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

Loncor Gold Inc. (OTCMKTS:LONCF) was the recipient of a significant increase in short interest in the month of 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 trading volume of 122,400 shares, the short-interest ratio is presently 0.3 days.

Loncor Gold Stock Performance

Shares of Loncor Gold stock remained flat at $0.34 during trading on Tuesday. The stock had a trading volume of 7,810 shares, compared to its average volume of 20,233. The business’s fifty day moving average is $0.30 and its two-hundred day moving average is $0.29. Loncor Gold has a fifty-two week low of $0.22 and a fifty-two week high of $0.37. The company has a market capitalization of $53.16 million, a PE ratio of -2.47 and a beta of 0.96.

Loncor Gold (OTCMKTS:LONCF) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.01) 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.