tiprankstipranks
Trending News
More News >

Loncor Gold Announces Director Elections at Annual Meeting

Story Highlights
Loncor Gold Announces Director Elections at Annual Meeting

Don’t Miss TipRanks’ Half-Year Sale

Loncor Gold ( (TSE:LN) ) has provided an update.

On June 27, 2025, Loncor Gold Inc. announced the election of six directors at its annual shareholder meeting. The directors were elected by a show of hands, with the voting results filed on SEDAR+. This election is part of Loncor’s ongoing efforts to strengthen its governance as it continues to focus on its gold exploration projects in the DRC.

The most recent analyst rating on (TSE:LN) stock is a Buy with a C$1.57 price target. To see the full list of analyst forecasts on Loncor Gold stock, see the TSE:LN Stock Forecast page.

Spark’s Take on TSE:LN Stock

According to Spark, TipRanks’ AI Analyst, TSE:LN is a Underperform.

Loncor Gold’s stock score is primarily impacted by its financial instability, characterized by no revenue, rising losses, and negative cash flows. While technical analysis shows some potential for positive momentum, the company’s valuation remains poor with a negative P/E ratio. Notable corporate events highlight future growth potential but do not offset current financial challenges.

To see Spark’s full report on TSE:LN stock, click here.

More about Loncor Gold

Loncor Gold Inc. is a Canadian gold exploration company focused on the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo. The company has a growing resource base centered on the Imbo Project, with significant mineral resources at the Adumbi deposit.

YTD Price Performance: -11.86%

Average Trading Volume: 307,125

Technical Sentiment Signal: Hold

Current Market Cap: C$91.23M

For a thorough assessment of LN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1