Angkor Resources (CVE:ANK) Trading Up 1.6% – Still a Buy?

Angkor Resources Corp. (CVE:ANKGet Free Report) shot up 1.6% during trading on Tuesday . The company traded as high as C$0.32 and last traded at C$0.32. 30,540 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 76,137 shares. The stock had previously closed at C$0.32.

Angkor Resources Price Performance

The stock has a market capitalization of C$64.93 million, a price-to-earnings ratio of -10.67 and a beta of -0.90. The company has a current ratio of 0.25, a quick ratio of 0.27 and a debt-to-equity ratio of 557.03. The company’s 50 day moving average is C$0.33 and its 200 day moving average is C$0.33.

Angkor Resources Company Profile

(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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