Loncor Gold Inc

Loncor Gold Inc. is a Canadian-based gold exploration company that focuses on the exploration and development of gold projects in the Democratic Republic of Congo (DRC). The company's flagship project is the Imbo Project, which is located in the eastern part of the DRC and covers an area of approximately 2,077 square kilometers. The Imbo Project is a joint venture between Loncor Gold and Barrick Gold Corporation, with Loncor Gold holding a 30% interest and Barrick Gold holding a 70% interest. The company also has other exploration projects in the DRC, including the Ngayu Project and the North Kivu Project. Loncor Gold was founded in 1906 and is headquartered in Toronto, Canada.

Stock Quotes

Loncor Gold Inc. is a Canadian gold exploration company with a focus on the Democratic Republic of Congo (DRC). The company's competitive edge may lie in its extensive land package in the DRC, which includes the Ngayu Greenstone Belt, a highly prospective area for gold exploration. Additionally, Loncor Gold Inc. has partnerships with major mining companies, such as Barrick Gold, which provides access to their expertise and resources. The company's management team also has extensive experience in the mining industry, which may give them an advantage in navigating the complex regulatory and political environment in the DRC.


1. Limited exploration and production activities: Compared to its peers, Loncor Gold Inc has limited exploration and production activities, which may limit its ability to generate revenue and grow its business.

2. Dependence on a single project: The company's operations are primarily focused on the Imbo Project in the Democratic Republic of Congo, which makes it vulnerable to any political or economic instability in the region.

3. Lack of diversification: Loncor Gold Inc has a limited portfolio of assets, which makes it less diversified compared to its peers. This may increase its exposure to market risks and limit its ability to adapt to changing market conditions.

4. Limited financial resources: The company has limited financial resources, which may limit its ability to fund exploration and development activities, as well as to compete with larger and better-funded peers.

5. High operating costs: Loncor Gold Inc's operating costs are relatively high compared to its peers, which may limit its profitability and ability to generate returns for its shareholders.

6. Limited track record: The company has a limited track record of successful exploration and production activities, which may make it less attractive to investors and limit its ability to raise capital.

Peer Comparisons

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Open - 0.26

Low - 0.26

Close - 0.26

High - 0.26

Ticker 1 - LN

Ticker 2 - LONCF

Ticker 3 -

Exchange 1 - TSX

Exchange 2 - OTCQB

Exchange 3 -

Primary Info
Date Established
7070-100 King St W 1 First Canadian Pl, Toronto, ON M5X 1E3, Canada
Website Data
Meta Title
Loncor Resources Inc. | Gold Exploration in the DRC
Meta Description
Loncor Gold is a Canadian gold exploration company with a focus on developing projects in the Democratic Republic of Congo, including the Imbo Project, a joint venture with Barrick Gold.
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Loncor Resources, gold exploration, Democratic Republic of Congo, Central African Copperbelt, gold mining, gold deposits, gold resources, gold exploration, gold production, gold reserves, gold projects, gold exploration projects, gold mining projects, gold exploration companies, gold mining companies, gold exploration news, gold mining news, gold exploration stocks, gold mining stocks

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