Companies · Mining & Resources
TORONTO · Mining & Resources · refined from filed group “Other”
Diligence memoA one-page analyst read on Loncor Gold Inc. — recommendation, valuation, rhythm, risks.→Loncor Gold Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
No named principal in this company's public records yet — see all operators below.
Explore how these operators interlock with other companies in the operator network.
Loncor Gold Inc. is one of 701 Mining & Resources companies tracked from TORONTO. By capital raised it ranks among the largest (ahead of 94% of sector peers), and mid-pack by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.
Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.
Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 94% of sector peers (real $). Modeled value above 65% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #30 of 40.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Fortitude Gold Corp | Series A | $12.5M | $29.6M | 2.41× |
| San Cristobal Mining Inc. | Series A | $17.2M | $28.8M | 2.34× |
| Torngat Metals Ltd | Series A | $21.9M | $27.1M | 2.20× |
| Rua Gold Inc. | Series A | $16.4M | $25.0M | 2.03× |
| Red Metals, Inc. | Series A | $9.6M | $23.7M | 1.93× |
| West Point Gold Corp. | Series A | $9.2M | $21.3M | 1.73× |
| McFarlane Lake Mining Ltd | Series A | $7.9M | $19.2M | 1.56× |
| Evolution Metals LLC | Series A | $7.2M | $19.0M | 1.54× |
| Silverco Mining Ltd. | Series A | $7.7M | $19.0M | 1.54× |
| Miedzi Copper Corp. | Series A | $10.7M | $19.0M | 1.54× |
| Rise Gold Corp. | Series A | $20.9M | $17.0M | 1.38× |
| TDG Gold Corp. | Series A | $6.6M | $16.4M | 1.33× |
| Loncor Gold Inc. this company | Series A | $32.2M | $4.8M | 0.39× |
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Pre-Seed | $250K | 2009-09-10 | $1.4M | $1.7M | 85% |
| Series A | $5.4M | 2010-02-10 | $24.8M | $23.8M | 85% |
| Series A | $3.9M | 2010-12-15 | $17.7M | $17.0M | 85% |
| Series A | $7.3M | 2011-02-01 | $33.2M | $31.9M | 85% |
| Series A | $5.8M | 2012-10-09 | $26.3M | $25.3M | 85% |
| Series A | $289K | 2020-07-31 | $1.3M | $1.3M | 90% |
| Series A | $153K | 2021-02-02 | $695K | $629K | 90% |
| Series A | $2.5M | 2021-07-23 | $11.2M | $9.6M | 90% |
| Series A | $786K | 2022-02-28 | $3.6M | $2.9M | 90% |
| Seed | $1.9M | 2022-06-10 | $9.3M | $7.1M | 90% |
| Series A | $3.2M | 2022-06-10 | $14.7M | $11.6M | 90% |
| Series A | $1.1M | 2023-04-05 | $5.0M | $3.6M | 90% |
| Series A | $1.8M | 2025-05-23 | $8.1M | $4.8M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| William R. Wilson | — | 3 other | 2009-09 |
| Arnold T. Kondrat | — | 1 other | 2009-09 |
| Donat K. Madilo | — | 1 other | 2009-09 |
| Geoffrey K. Farr | — | 1 other | 2011-02 |
| Peter Cowley | — | 1 other | 2011-02 |
| Richard T. Lachcik | — | 1 other | 2022-02 |
| Donat R. Madilo | — | — | 2012-10 |
| Donat T. Madilo | — | — | 2020-07 |
| Geoffrey G. Farr | — | — | 2009-09 |
| John K. Barker | — | — | 2022-06 |
| John T. Barker | — | — | 2020-07 |
| Kevin R. Baker | — | — | 2009-09 |
| Martin D. Jones | — | — | 2009-09 |
| Martin K. Jones | — | — | 2010-12 |
| Maurice R. Colson | — | — | 2012-10 |
| Naomi R. Nemeth | — | — | 2012-10 |
| Peter K. Cowley | — | — | 2022-06 |
| Peter N. Cowley | — | — | 2010-02 |
| Richard J. Lachcik | — | — | 2009-09 |
| Richard R. Lachcik | — | — | 2011-02 |
| Simon F.W. Village | — | — | 2009-09 |
| Simon R. Village | — | — | 2011-02 |
| William T. Wilson | — | — | 2022-02 |
| Zhengquan K. Chen | — | — | 2022-06 |
Loncor Gold Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Banro Corp | Other | Series B | $18.1M | $278.7M | network4 shared operators |
| Almaden Minerals Ltd | Mining & Resources | Series A | $29.2M | $5.4M | same sector · same stage |
| Lion Copper & Gold Corp. | Mining & Resources | Series A | $36.6M | $6.9M | same sector · same stage |
| JDL Gold Corp. | Mining & Resources | Series A | $26.9M | $1.2M | same sector · same stage |
| Golden Minerals Co | Mining & Resources | Series A | $21.3M | $6.7M | same sector · same stage |
| Japan Gold Corp. | Mining & Resources | Series A | $20.6M | $2.6M | same sector · same stage |
| Western Uranium & Vanadium Corp. | Mining & Resources | Series A | $20.5M | $3.0M | same sector · same stage |
| Applied Minerals, Inc. | Mining & Resources | Series A | $19.5M | $4.0M | same sector · same stage |
Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Lode Metals Corp. | Mining & Resources | Pre-Seed | $815K | 86% |
| Mexican Gold Corp. | Mining & Resources | Pre-Seed | $601K | 84% |
| Lahontan Gold Corp. | Mining & Resources | Seed | $3.0M | 84% |
| HighGold Mining Inc. | Mining & Resources | Seed | $13.2M | 83% |
| U.S. Gold Corp. | Mining & Resources | Series B | $115.0M | 82% |
| Lavras Gold Corp. | Mining & Resources | Seed | $6.2M | 82% |
| Lumina Gold Corp. | Mining & Resources | Seed | $3.7M | 82% |
| Durango Gold Corp. | Mining & Resources | Seed | $4.8M | 82% |
See where Loncor Gold Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at Loncor Gold Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.
Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.