Angkor Resources (CVE:ANK) Stock Price Down 3.1% – What’s Next?

Angkor Resources Corp. (CVE:ANK) traded down 3.1% on Tuesday . The company traded as low as C$0.31 and last traded at C$0.31. 56,311 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 79,418 shares. The stock had previously closed at C$0.32.

Angkor Resources Price Performance

The company has a quick ratio of 0.27, a current ratio of 0.25 and a debt-to-equity ratio of 557.03. The firm has a market capitalization of C$62.90 million, a price-to-earnings ratio of -10.33 and a beta of -0.86. The stock’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.32.

Angkor Resources Company Profile

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.