Loncor Gold Inc. (LN.TO)
Loncor Gold Inc. operates in the Gold industry of the Basic Materials sector, headquartered in Toronto, ON, CA. The stock last traded at $1.38, up 0.00% on the session, giving a market capitalisation of $253.5M. Its beta of 0.66 implies it has historically moved less than the broad market.
Headquartered in Toronto, Canada, Loncor Gold Inc. is primarily engaged in the exploration and advancement of precious metal projects, with a strong focus on gold within the Ngayu greenstone belt of the Democratic Republic of the Congo's northeastern region. The company also explores for platinum occurrences. A significant asset is its 84.68% interest in the Adumbi project, which consists of six mining leases covering an area of 361 square kilometers, located within the Archaean Ngayu Greenstone Belt in the Ituri and Haut Uele provinces of northeastern Congo. Additionally, Loncor Gold boasts 100% ownership of the Isiro properties, an ensemble of eleven exploration permits spanning 1,884 square kilometers in the Haut Uele province, also situated in the northeastern part of the country. Further project involvements include North Kivu, Ngayu, Devon, Navarro, Makapela, and Yindi. The company rebranded to Loncor Gold Inc. in June 2021, previously operating as Loncor Resources Inc.
Loncor Gold Inc. is most often compared with the following Basic Materials names: