Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Loncor Gold ( (TSE:LN) ) just unveiled an announcement.
On February 26, 2025, Loncor Gold Inc. announced promising results from its deep drilling program at the Adumbi deposit, revealing multiple wide high-grade gold intersections. The results, including significant intersections from borehole LADD027, suggest potential for an underground operation to complement the existing open pit, which could enhance Loncor’s industry positioning and offer substantial implications for stakeholders.
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 over two decades of experience operating in the DRC and is primarily focused on its Imbo Project, where the Adumbi deposit holds significant mineral resources.
YTD Price Performance: -0.24%
Average Trading Volume: 41,148
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $62.5M
Learn more about LN stock on TipRanks’ Stock Analysis page.