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Loncor Gold ( (TSE:LN) ) just unveiled an announcement.
On October 23, 2025, Loncor Gold Inc. announced significant results from its deep drilling program at the Adumbi deposit, revealing multiple mineralized intersections. Borehole LADD031 demonstrated notable gold grades, including 12.72 meters at 8.56 g/t gold and 15.00 meters at 1.88 g/t gold, indicating the potential for further resource expansion. These results underscore the continued viability and potential growth of the Adumbi deposit, enhancing Loncor’s position in the gold exploration industry and offering promising implications for stakeholders.
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. 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 is primarily engaged in exploring and developing gold resources, with a significant focus on the Imbo Project, which includes the Adumbi deposit. Loncor has delineated substantial indicated and inferred mineral resources in this region, with a significant portion of these resources attributable to the company.
Average Trading Volume: 466,068
Technical Sentiment Signal: Buy
Current Market Cap: C$229.8M
For an in-depth examination of LN stock, go to TipRanks’ Overview page.