Loncor Gold Inc., a gold exploration company, engages in the acquisition, exploration, and development of precious metal projects in the Democratic Republic of the Congo. It explores for gold and platinum deposits. The company’s flagship project is the 84.68% owned Adumbi project that consist of one mining license covering an area of 122 square kilometers located within the Ngayu Archaean Greenstone Belt in the Ituri and Haut Uele provinces in northeastern Congo. The company was formerly known as Loncor Resources Inc. and changed its name to Loncor Gold Inc. in June 2021. Loncor Gold Inc. is headquartered in Toronto, Canada.
Metrics to compare | LN | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipLNPeersSector | |
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P/E Ratio | −20.2x | −3.3x | 2.7x | |
PEG Ratio | −0.25 | 0.04 | 0.00 | |
Price/Book | 5.0x | 1.0x | 1.6x | |
Price / LTM Sales | - | 1.2x | 1.3x | |
Upside (Analyst Target) | 170.5% | 15.9% | 21.7% | |
Fair Value Upside | Unlock | −13.9% | 2.1% | Unlock |