Loncor Gold (OTCMKTS:LONCF) Announces Earnings Results

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

Loncor Gold Trading Down 2.7 %

OTCMKTS LONCF traded down $0.01 on Wednesday, hitting $0.43. 188,301 shares of the company were exchanged, compared to its average volume of 62,744. The company has a market cap of $66.33 million, a P/E ratio of -3.06 and a beta of 0.92. Loncor Gold has a 1-year low of $0.24 and a 1-year high of $0.46. The firm has a 50 day moving average of $0.40 and a two-hundred day moving average of $0.36.

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.