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1 Comment
Loncor Resources Inc is currently in a long term uptrend where the price is trading 0.4% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Loncor Resources Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has increased by 37.9% to $-524K since the same quarter in the previous year.
Finally, its free cash flow fell by 146.1% to $-2M since the same quarter in the previous year.
Based on the above factors, Loncor Resources Inc gets an overall score of 3/5.
Exchange | TO |
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CurrencyCode | CAD |
Sector | Basic Materials |
Industry | Gold |
ISIN | CA54180A1066 |
Beta | 0.72 |
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Market Cap | 100M |
PE Ratio | None |
Target Price | 1.57 |
Dividend Yield | None |
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. It also holds 100% interest in the Isiro properties that consist of 11 exploration permits covering an area of 1,884 square kilometers situated in the province of Haut Uele, northeastern Congo. In addition, Loncor Gold Inc. owns interest in North Kivu, Ngayu, Devon, Navarro, and Yindi projects. The company was formerly known as Loncor Resources Inc. and changed its name to Loncor Gold Inc. in June 2021. Loncor Gold Inc. was founded in 1993 and is headquartered in Toronto, Canada.
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