Angkor Resources (CVE:ANK) Hits New 12-Month High – What’s Next?

by · The Cerbat Gem

Shares of Angkor Resources Corp. (CVE:ANK – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.39 and last traded at C$0.37, with a volume of 775175 shares trading hands. The stock had previously closed at C$0.32.

Angkor Resources Price Performance

The firm has a 50 day moving average price of C$0.27 and a 200 day moving average price of C$0.23. The stock has a market capitalization of C$74.68 million, a PE ratio of -18.50 and a beta of -0.57. The company has a current ratio of 0.25, a quick ratio of 0.27 and a debt-to-equity ratio of 557.03.

About Angkor Resources

(Get Free Report)

Angkor Resources Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for gold, silver, and copper deposits; and oil and gas properties located in the Kingdom of Cambodia, Canada, and the Philippines. The company was formerly known as Angkor Gold Corp. and changed its name to Angkor Resources Corp. in September 2019. Angkor Resources Corp. was incorporated in 2008 and is based in Sexsmith, Canada.

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