Loncor Gold Reports Asset Increase Amidst Rising Deficit

Loncor Gold (TSE:LN) has released an update.

Loncor Gold Inc. has reported unaudited financial results for the period ending September 30, 2024, revealing an increase in total assets to $27.3 million from $24.4 million at the end of 2023. Despite the rise in assets, the company experienced a widened deficit, highlighting challenges in managing expenses and liabilities. Investors might find interest in the company’s financial strategies as it navigates the complexities of asset management and operational costs.

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