Loncor Gold (LN) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$0.49 to C$0.51
• 50-Day Range: C$0.38 to C$0.54
• 52-Week Range: C$0.30 to C$0.55
• Volume: 14,000 shs
• Average Volume: 36,602 shs
• Market Capitalization: C$77.31 million
• P/E Ratio: N/A
• Dividend Yield: 0.97%
• Price Target: C$0.80
• Consensus Rating: Buy

Loncor Gold Stock Analysis - MarketRank™

Loncor Gold scored higher than 37% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Loncor Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Loncor Gold has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Loncor Gold is -2.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Loncor Gold is -2.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Loncor Gold has a P/B Ratio of 3.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LN.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Loncor Gold has a dividend yield of 0.97%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Loncor Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LN.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Loncor Gold has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Basic Materials companies.

Search Interest

4 people have searched for LN on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Loncor Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

43.31% of the stock of Loncor Gold is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 8.37% of the stock of Loncor Gold is held by institutions.

LN Stock Analysis - Frequently Asked Questions

How have LN shares performed this year?

Loncor Gold's stock was trading at C$0.36 at the start of the year. Since then, LN stock has increased by 38.9% and is now trading at C$0.50.
View the best growth stocks for 2024 here.

How do I buy shares of Loncor Gold?

Shares of LN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Loncor Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Loncor Gold investors own include Globant (GLOB), JD.com (JD), Linde (LIN), Marvell Technology (MRVL), NVIDIA (NVDA), Portofino Resources (POR) and Roblox (RBLX).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Precious Metals
• Current Symbol: TSE:LN
• CUSIP: N/A
• CIK: N/A
• Web: www.loncor.com
• Phone: 416-361-2510
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$0.80
• High Stock Price Target: C$0.80
• Low Stock Price Target: C$0.80
• Potential Upside/Downside: +60.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.19)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-21,410,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -69.11%
• Return on Assets: -39.51%

Debt

• Debt-to-Equity Ratio: 1.30
• Current Ratio: 2.24
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.00 per share
• Price / Cash Flow: 180.00
• Book Value: C$0.13 per share
• Price / Book: 3.85

Miscellaneous

• Outstanding Shares: 154,610,000
• Free Float: N/A
• Market Cap: C$77.31 million
• Optionable: Not Optionable
• Beta: 1.16