Angkor Resources (CVE:ANK) Reaches New 52-Week High – Still a Buy?

Angkor Resources Corp. (CVE:ANKGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as C$0.40 and last traded at C$0.40, with a volume of 94848 shares changing hands. The stock had previously closed at C$0.40.

Angkor Resources Price Performance

The stock has a market capitalization of C$80.39 million, a price-to-earnings ratio of -19.50 and a beta of -0.53. The company’s 50-day simple moving average is C$0.31 and its 200-day simple moving average is C$0.32. The company has a debt-to-equity ratio of 557.03, a current ratio of 0.25 and a quick ratio of 0.27.

Angkor Resources Company Profile

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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.

Further Reading

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