Loncor Gold Inc.

Loncor Gold Inc.verified

LN.TO

Price:

$0.39

Market Cap:

$44.23M

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. It also explores for platinum deposits. The company holds 84.68% interest in the Adumbi project, which consists of 6 mining leases 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, in northeastern Congo. In ...[Read more]

Industry

Gold

IPO Date

2012-01-03

Stock Exchange

TSX

Ticker

LN.TO

The Current Ratio as of September 2024 (TTM) for Loncor Gold Inc. (LN.TO) is 2.24

According to Loncor Gold Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.24. This represents a change of -21.97% compared to the average of 2.87 of the last 4 quarters.

Loncor Gold Inc. (LN.TO) Historical Current Ratio (quarterly & annually)

How has LN.TO Current Ratio performed in the past?

The mean historical Current Ratio of Loncor Gold Inc. over the last ten years is 0.72. The current 2.24 Current Ratio has changed 30.80% with respect to the historical average. Over the past ten years (40 quarters), LN.TO's Current Ratio was at its highest in in the December 2023 quarter at 4.30. The Current Ratio was at its lowest in in the December 2019 quarter at 0.07.

Quarterly (TTM)
Annual

Average

0.72

Median

0.30

Minimum

0.07

Maximum

4.30

Loncor Gold Inc. (LN.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Loncor Gold Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 535.03%

Maximum Annual Current Ratio = 4.30

Minimum Annual Increase = -91.98%

Minimum Annual Current Ratio = 0.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.30535.03%
20220.6869.33%
20210.4023.48%
20200.32350.01%
20190.07-91.98%
20180.90232.20%
20170.2792.22%
20160.1488.71%
20150.07-21.52%
20140.09-86.49%

Loncor Gold Inc. (LN.TO) Average Current Ratio

How has LN.TO Current Ratio performed in the past?

The current Current Ratio of Loncor Gold Inc. (LN.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.79

5-year avg

1.15

10-year avg

0.72

Loncor Gold Inc. (LN.TO) Current Ratio vs. Peers

How is LN.TO’s Current Ratio compared to its peers?

Loncor Gold Inc.’s Current Ratio is greater than Euromax Resources Ltd. (0.04), less than Xtra-Gold Resources Corp. (6.59), less than Century Global Commodities Corporation (2.67), less than Horizonte Minerals Plc (6.62), greater than Tajiri Resources Corp. (0.03),

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