Jacob Graber - Loncor Resources President, Officer

LN Stock  CAD 0.46  0.01  2.22%   

Insider

Jacob Graber is President, Officer of Loncor Resources
Address 4120 Yonge Street, Toronto, ON, Canada, M2P 2B8
Phone416 361 2510
Webhttps://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 1st of December 2024, Return On Tangible Assets is likely to grow to -0.83. In addition to that, Return On Capital Employed is likely to drop to -0.11. At this time, Loncor Resources' Non Current Assets Total are very stable compared to the past year. As of the 1st of December 2024, Other Current Assets is likely to grow to about 11.5 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.

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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.

Pair Trading with Loncor Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Loncor Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Loncor Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Loncor Stock

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Moving against Loncor Stock

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The ability to find closely correlated positions to Loncor Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Loncor Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Loncor Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Loncor Resources to buy it.
The correlation of Loncor Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Loncor Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Loncor Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Loncor Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.