Loncor Gold Financials

Loncor Gold Stock Summary

Loncor Gold competes with Galiano Gold, Brunswick Exploration, B2Gold Corp, Robex Resources, and White 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. The company was formerly known as Loncor Resources Inc. and changed its name to Loncor Gold Inc. in June 2021. Loncor Gold operates under Gold classification in the United States and is traded on OTC Exchange. It employs 29 people.

Loncor Gold Key Financial Ratios

There are many critical financial ratios that Loncor Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Loncor Gold reports annually and quarterly.

Loncor Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Loncor Gold's current stock value. Our valuation model uses many indicators to compare Loncor Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Loncor Gold competition to find correlations between indicators driving Loncor Gold's intrinsic value. More Info.Loncor Gold is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Loncor Gold's earnings, one of the primary drivers of an investment's value.

Loncor Gold Market Pulse

Along with financial statement analysis, the daily predictive indicators of Loncor Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Loncor Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Loncor Gold based on widely used predictive technical indicators. In general, we focus on analyzing Loncor OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Loncor Gold's daily price indicators and compare them against related drivers.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Loncor Gold information on this page should be used as a complementary analysis to other Loncor Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

If you are still planning to invest in Loncor Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Loncor Gold's history and understand the potential risks before investing.