Loncor Resources Stock Short Ratio
| LN Stock | CAD 0.49 0.02 4.26% |
Loncor Resources fundamentals help investors to digest information that contributes to Loncor Resources' financial success or failures. It also enables traders to predict the movement of Loncor Stock. The fundamental analysis module provides a way to measure Loncor Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Loncor Resources stock.
Loncor | Short Ratio |
Loncor Resources Company Short Ratio Analysis
Loncor Resources' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Loncor Resources Short Ratio | 0.39 X |
Most of Loncor Resources' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Loncor Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Loncor Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Loncor Resources is extremely important. It helps to project a fair market value of Loncor Stock properly, considering its historical fundamentals such as Short Ratio. Since Loncor Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Loncor Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Loncor Resources' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Loncor Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Loncor Resources has a Short Ratio of 0.39 times. This is 90.25% lower than that of the Metals & Mining sector and 86.82% lower than that of the Materials industry. The short ratio for all Canada stocks is 90.25% higher than that of the company.
Loncor Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Loncor Resources' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Loncor Resources could also be used in its relative valuation, which is a method of valuing Loncor Resources by comparing valuation metrics of similar companies.Loncor Resources is currently under evaluation in short ratio category among its peers.
Loncor Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Loncor Resources from analyzing Loncor Resources' financial statements. These drivers represent accounts that assess Loncor Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Loncor Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 31.4M | 47.1M | 66.5M | 33.9M | 41.1M | 22.5M | |
| Enterprise Value | 32.0M | 47.2M | 66.5M | 34.1M | 40.8M | 21.2M |
Loncor Fundamentals
| Return On Equity | -0.69 | ||||
| Return On Asset | -0.4 | ||||
| Current Valuation | 71.3 M | ||||
| Shares Outstanding | 154.61 M | ||||
| Shares Owned By Insiders | 43.31 % | ||||
| Shares Owned By Institutions | 8.37 % | ||||
| Number Of Shares Shorted | 24.92 K | ||||
| Price To Earning | (31.67) X | ||||
| Price To Book | 2.56 X | ||||
| EBITDA | (2.29 M) | ||||
| Net Income | (21.27 M) | ||||
| Cash And Equivalents | 182.18 K | ||||
| Total Debt | 332.87 K | ||||
| Debt To Equity | 3.60 % | ||||
| Current Ratio | 0.51 X | ||||
| Book Value Per Share | 0.14 X | ||||
| Cash Flow From Operations | (2.56 M) | ||||
| Short Ratio | 0.39 X | ||||
| Earnings Per Share | (0.20) X | ||||
| Target Price | 0.8 | ||||
| Number Of Employees | 26 | ||||
| Beta | 1.14 | ||||
| Market Capitalization | 75.76 M | ||||
| Total Asset | 24.37 M | ||||
| Retained Earnings | (91.13 M) | ||||
| Working Capital | 8.89 M | ||||
| Net Asset | 24.37 M |
About Loncor Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Loncor Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Loncor Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Loncor Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.