Short Interest in Loncor Gold Inc. (OTCMKTS:LONCF) Decreases By 55.1%

Loncor Gold Inc. (OTCMKTS:LONCF) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 57,100 shares, a decrease of 55.1% from the December 15th total of 127,100 shares. Based on an average daily trading volume, of 20,300 shares, the short-interest ratio is presently 2.8 days.

Loncor Gold Trading Down 1.4 %

LONCF traded down $0.01 during trading on Thursday, hitting $0.40. The stock had a trading volume of 200 shares, compared to its average volume of 26,530. The firm has a market cap of $62.42 million, a PE ratio of -2.88 and a beta of 0.90. The company has a 50 day simple moving average of $0.36 and a 200-day simple moving average of $0.31. Loncor Gold has a 12 month low of $0.22 and a 12 month high of $0.44.

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.