Loncor Gold Inc. (TSE:LN – Get Free Report)’s share price traded up 7.7% during mid-day trading on Wednesday . The stock traded as high as C$0.43 and last traded at C$0.42. 34,000 shares traded hands during trading, an increase of 15% from the average session volume of 29,594 shares. The stock had previously closed at C$0.39.
Analyst Ratings Changes
Separately, Fundamental Research set a C$0.80 price objective on shares of Loncor Gold and gave the stock a “buy” rating in a research note on Tuesday, September 17th.
Loncor Gold Trading Up 7.7 %
Loncor Gold (TSE:LN – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported C($0.01) earnings per share 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.
Recommended Stories
- Five stocks we like better than Loncor Gold
- High Flyers: 3 Natural Gas Stocks for March 2022
- 3 Momentum Trades for October With Ample Upside Ahead
- How to buy stock: A step-by-step guide for beginners
- Roblox Dips on Short Report—Here’s Why It Could Bounce Back Fast
- Differences Between Momentum Investing and Long Term Investing
- 2 Reasons to Jump on Apple Stock Now and 1 Reason to Think Twice
Receive News & Ratings for Loncor Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Loncor Gold and related companies with MarketBeat.com's FREE daily email newsletter.