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

Shares of Angkor Resources Corp. (CVE:ANKGet Free Report) hit a new 52-week high on Friday . The company traded as high as C$0.40 and last traded at C$0.40, with a volume of 94848 shares trading hands. The stock had previously closed at C$0.40.

Angkor Resources Stock Performance

The company has a market cap of C$81.42 million, a price-to-earnings ratio of -19.75 and a beta of -0.53. The firm’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 quick ratio of 0.27 and a current ratio of 0.25.

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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