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An update from Loncor Gold ( (TSE:LN) ) is now available.
On November 19, 2025, Loncor Gold Inc. announced a special meeting of shareholders scheduled for December 11, 2025, to vote on a proposed arrangement with Chengtun Gold Ontario Inc., a subsidiary of Chengtun Mining Group Co., Ltd. The arrangement involves Chengtun acquiring all outstanding shares of Loncor Gold for Cdn$1.38 per share, representing a significant premium over recent trading prices. The board of directors, supported by a fairness opinion from Stifel Nicolaus Canada Inc., unanimously recommends shareholders vote in favor of the arrangement, which promises immediate liquidity and a premium price for shareholders. The arrangement is backed by voting and support agreements covering approximately 38% of outstanding shares, and the purchaser has assured sufficient funds for the transaction.
The most recent analyst rating on (TSE:LN) stock is a Buy with a C$1.70 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. operates in the mining industry, focusing on the exploration and development of gold properties. The company is primarily engaged in gold mining activities and has a market focus on the acquisition and development of mineral properties in the Democratic Republic of the Congo.
Average Trading Volume: 531,063
Technical Sentiment Signal: Buy
Current Market Cap: C$243.2M
Find detailed analytics on LN stock on TipRanks’ Stock Analysis page.