Angkor Resources (CVE:ANK) Trading Up 13.9% – Time to Buy?

Angkor Resources Corp. (CVE:ANKGet Free Report)’s share price shot up 13.9% on Wednesday . The company traded as high as C$0.45 and last traded at C$0.45. Approximately 123,901 shares changed hands during mid-day trading, an increase of 55% from the average session volume of 80,003 shares. The stock had previously closed at C$0.40.

Angkor Resources Stock 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’s 50-day moving average price is C$0.32 and its 200 day moving average price is C$0.32. The company has a market capitalization of C$92.76 million, a P/E ratio of -22.50 and a beta of -0.53.

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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