| LN Stock | | | CAD 0.59 0.05 9.26% |
Insider
Fabrice Matheys is Gen DRC of Loncor Resources
| Address | 4120 Yonge Street, Toronto, ON, Canada, M2P 2B8 |
| Phone | 416 361 2510 |
| Web | https://www.loncor.com |
Loncor Resources Management Efficiency
The company has return on total asset
(ROA) of
(0.3951) % which means that it has lost $0.3951 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.6911) %, meaning that it generated substantial loss on money invested by shareholders. Loncor Resources' management efficiency ratios could be used to measure how well Loncor Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of January 2025,
Return On Tangible Assets is likely to drop to -0.82. In addition to that,
Return On Capital Employed is likely to drop to -0.1. At this time, Loncor Resources'
Non Current Assets Total are very stable compared to the past year. As of the 2nd of January 2025,
Other Current Assets is likely to grow to about 13.2
M, while
Total Assets are likely to drop about 24.2
M.
Loncor Resources has accumulated 332.87
K in total debt with debt to equity ratio
(D/E) of 3.6, implying the company greatly
relies on financing operations through barrowing. Loncor Resources has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Loncor Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Loncor Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Loncor Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Loncor to invest in growth at high rates of return. When we think about Loncor Resources' use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 2 records | INSIDER Age |
| James BA | Xtra Gold Resources Corp | 58 |
| BA BA | Xtra Gold Resources Corp | 66 |
Loncor Resources Inc., a gold exploration company, engages in the acquisition, exploration, and development of precious metal projects in the Democratic Republic of the Congo and Canada. The company was formerly known as Nevada Bobs International Inc. and changed its name to Loncor Resources Inc. in November 2008. LONCOR RESOURCES operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 4 people. Loncor Resources (LN) is traded on Toronto Exchange in Canada and employs 26 people. Loncor Resources is listed under Metals & Mining category by Fama And French industry classification.
Management Performance
Loncor Resources Leadership Team
Elected by the shareholders, the Loncor Resources' board of directors comprises two types of representatives: Loncor Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Loncor. The board's role is to monitor Loncor Resources' management team and ensure that shareholders' interests are well served. Loncor Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Loncor Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Geoffrey Farr, General Counsel, Corporate Secretary | |
| Jacob Graber, President, Officer | |
| Howard Fall, Exploration Manager | |
| Donat Madilo, Chief Officer | |
| Fabrice Matheys, Gen DRC | |
| Arnold Kondrat, Interim President and CEO, Director | |
| David Esq, Corp Counsel | |
| Peter FIMMM, President Director | |
| John Barker, Chief Officer | |
Loncor Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Loncor Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Other Information on Investing in Loncor Stock
Loncor Resources financial ratios help investors to determine whether Loncor Stock is cheap or expensive when compared to a particular measure, such as profits or
enterprise value. In other words, they help investors to determine the cost of investment in Loncor with respect to the benefits of owning Loncor Resources security.