Analyst Price Target is C$0.80
▲ +92.77% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Loncor Gold in the last 3 months. The average price target is C$0.80, with a high forecast of C$0.80 and a low forecast of C$0.80. The average price target represents a 92.77% upside from the last price of C$0.42.
Current Consensus is
Buy
The current consensus among 1 investment analysts is to buy stock in Loncor Gold.
Loncor Gold Inc., a gold exploration company, engages in the acquisition, exploration, and development of precious metal projects in the Ngayu greenstone belt in the northeast of the Democratic Republic of the Congo and Canada. It explores for gold and platinum deposits. The company holds 84.68% interest in the Adumbi project, which consist of two mining licenses covering an area of 361 square kilometers located within the Archaean Ngayu Greenstone Belt in the Ituri and Haut Uele provinces in northeastern Congo. It also holds 100% interest in the Isiro properties that consist of 11 exploration permits covering an area of 1,884 square kilometers situated in the province of Haut Uele, northeastern Congo. In addition, Loncor Gold Inc. owns interest in North Kivu, Ngayu, Devon, Navarro, and Yindi projects. The company was formerly known as Loncor Resources Inc. and changed its name to Loncor Gold Inc. in June 2021. Loncor Gold Inc. was founded in 1993 and is headquartered in Toronto, Canada.
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