Angkor Resources (CVE:ANK) Stock Price Down 9.3% – Should You Sell?

Angkor Resources Corp. (CVE:ANKGet Free Report) shares dropped 9.3% during trading on Tuesday . The company traded as low as C$0.34 and last traded at C$0.34. Approximately 345,300 shares changed hands during trading, an increase of 300% from the average daily volume of 86,280 shares. The stock had previously closed at C$0.38.

Angkor Resources Trading Down 9.3%

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 cap of C$68.98 million, a price-to-earnings ratio of -11.33 and a beta of -0.86. The business has a 50 day moving average of C$0.32 and a 200 day moving average of C$0.32.

About Angkor Resources

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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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