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Company ProfileLoncor Gold Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
LN.TO
Loncor Gold Inc. Stock AnalysisComprehensive stock analysis for Loncor Gold Inc. (LN.TO) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisLN.TO
LN.TO
Loncor Gold Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
LN.TO
Home🔹Stocks🔹Loncor Gold Inc.

Loncor Gold Inc.

FRC Coverage
🇨🇦LN.TO•TSX

Loncor Gold Inc.

FRC Coverage
🇨🇦LN.TO•TSX
Sentiment

Your view on LN.TO

Sentiment
Your view
Company Overview

Overview

What the company does, where it operates, and who runs it.

*Loncor Gold Inc. has paid FRC a fee for research coverage and distribution of reports.

About Loncor Gold Inc.

Industry
Gold
Sector
Basic Materials
CEO
John Kenneth Barker
Headquarters
4120 Yonge Street Suite 304 P.O. Box 67, Toronto, ON, CA
Industry
Gold
Sector
Basic Materials
CEO
John Kenneth Barker
Headquarters
4120 Yonge Street Suite 304 P.O. Box 67, Toronto, ON, CA
Description

Loncor Gold Inc., a gold exploration company, engages in the acquisition, exploration, and development of precious metal projects in the Democratic Republic of the Congo. It explores for gold and platinum deposits. The company’s flagship project is the 84.

68% owned Adumbi project that consist of one mining license covering an area of 122 square kilometers located within the Ngayu Archaean Greenstone Belt in the Ituri and Haut Uele provinces in northeastern Congo.

FRC Research
Buy
Fair Value Estimate
CAD$1.70

Unsolicited Bid Sparks Increased Market Attention

Report · Jul 31, 2025

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FRC Research
Buy
Fair Value Estimate
CAD$1.70

Unsolicited Bid Sparks Increased Market Attention

Report · Jul 31, 2025

Sign in to view

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Past Reports

Historical coverage archive.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Loncor Gold Inc., and the rating behind it. LN.TO last traded at C$1.38; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Loncor Gold Inc.. Starting points for Loncor Gold Inc.: EPS -C$0.01, beta 0.66 — an Gold name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Loncor Gold Inc.. Loncor Gold Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Loncor Gold Inc.. Trailing twelve-month EPS for Loncor Gold Inc. stands at -C$0.01. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Loncor Gold Inc.. Loncor Gold Inc. has reported as a listed company since 2012. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Loncor Gold Inc. valued side by side against its closest peers. Loncor Gold Inc. is measured against Gold peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Loncor Gold Inc., and how their positions are changing. At a C$253.5M market value, institutional positions materially move Loncor Gold Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Loncor Gold Inc. executives and directors. Shares of Loncor Gold Inc. have traded between C$0.44 and C$1.34 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Loncor Gold Inc.. Loncor Gold Inc. is a C$253.5M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Loncor Gold Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Loncor Gold Inc.. Coverage tracks Loncor Gold Inc. within Gold (Basic Materials). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • AUMB.V1911 Gold Corporation
  • AUXX.VGold X2 Mining Inc.
  • FISH.VSailfish Royalty Corp.
  • MFG.VMayfair Gold Corp.
  • NEXG.VNeXGold Mining Corp.
  • RDS.VRadisson Mining Resources Inc.

More Gold companies

  • AYM.AXAustralia United Mining Limited
  • BBarrick Mining Corporation
  • BARU.VBaru Gold Corporation
  • BARUFBaru Gold Corporation
  • BAU.VBlue Star Gold Corp.
  • BAUFFBlue Star Gold Corp.
  • BBGCFBig Bear Gold Corp.
  • BC8.AXBlack Cat Syndicate Limited
  • BCN.AXBeacon Minerals Limited
  • BEAR.VBig Bear Gold Corp.
  • BELGFBellevue Gold Limited
  • BEZ.AXBesra Gold Inc.

Research Reports

4 reports

*Loncor Gold Inc. has paid FRC a fee for research coverage and distribution of reports.

Jul 31, 2025

Unsolicited Bid Sparks Increased Market Attention

Loncor Gold (TSX: LN) gains attention with an unsolicited bid. Advancing Imbo project in DRC, trading at a discount, positions it as a prime M&A target...

Thumbnail for Unsolicited Bid Sparks Increased Market Attention
Jan 28, 2025

Market Awakening to Strong Fundamentals

LN is up 43% since our previous report in September 2024. This update report was primarily triggered by the recent revision of our long-term (2028+) gold...

Thumbnail for Market Awakening to Strong Fundamentals
Sep 13, 2024

A Compelling M&A Target Near Africa’s Largest Gold Mine

LN is planning an aggressive resource expansion drill program (totaling 13,400 m) at its Imbo project in the Democratic Republic of the Congo (DRC).

Thumbnail for A Compelling M&A Target Near Africa’s Largest Gold Mine
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1 report
Sep 22, 2020

JV with Barrick and Two Gold Projects with Resources in the DRC – Introductory Report

PDF
10 notes

*Loncor Gold Inc. has paid FRC a fee for research coverage and distribution of reports.

Oct 27, 2025·11 months agoLatest
Company Announcement

Reports multiple gold intersections at the Adumbi deposit in the DRC (QP: Peter N. Cowley, President of Loncor)

FRC Analyst's Comment
Positive - A resource expansion drill program continues to deliver broad, high-grade intercepts, including 12.72 m at 8.56 g/t, 12.10 m at 1.67 g/t, 15.00 m at 1.88 g/t, and 3.23 m at 5.98 g/t. Earlier this month, Chengtun Mining Group (SHSE: 600711; MCAP: $6B) agreed to acquire LN in an all-cash transaction valued at $261M. The offer price of $1.38/share equates to 81% of our July 2025 fair value estimate of $1.70/share, when LN traded at just $0.63/share. Pending shareholder, court, and regulatory approvals, the deal is expected to close by Q1-2026.
Oct 14, 2025·11 months ago
Company Announcement
Chengtun Mining to acquire Loncor Gold
FRC Analyst's Comment
Positive - Chengtun Mining Group (SHSE: 600711/MCAP: $7B), a Shanghai-listed miner with global operations across copper, cobalt, nickel, and gold, has agreed to acquire LN in an all-cash transaction valued at $261M, offering $1.38/share, a 33% premium to the 30-day volume weighted average trading price. Shareholders holding 38% of LN’s shares have already agreed to support the deal. We view the deal positively. The $1.38/share offer represents 81% of our July 2025 fair value estimate of $1.70/share, when LN traded at just $0.63/share. Pending shareholder, court, and regulatory approvals, the deal is expected to close by Q1-2026.
Jul 14, 2025·1y ago
Company Announcement
Receives an unsolicited offer
FRC Analyst's Comment
Positive – Today, LN announced that it has formed a special committee to review an unsolicited, confidential, non-binding offer for a potential transaction. No further details were disclosed. LN is up 18% on the news. We have consistently highlighted LN as a prime acquisition target, given the strong potential of its flagship gold project in the DRC, which could support annual production of over 300 Koz. We believe that recent peace initiatives, rising foreign investment, and infrastructure improvements are strengthening the DRC’s attractiveness as a mining jurisdiction. Check out our last update for a review of our valuation and fair value estimate: https://www.researchfrc.com/content/reports/post/213/market-awakening-to-strong-fundamentals
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