Angkor Resources (CVE:ANK) Hits New 52-Week High – Should You Buy?

Angkor Resources Corp. (CVE:ANKGet Free Report)’s stock price hit a new 52-week high on Friday . The stock traded as high as C$0.40 and last traded at C$0.39, with a volume of 378201 shares changing hands. The stock had previously closed at C$0.35.

Angkor Resources Trading Up 12.9%

The stock’s 50 day moving average is C$0.29 and its 200-day moving average is C$0.25. The company has a market cap of C$79.73 million, a P/E ratio of -13.17 and a beta of -0.63. The company has a current ratio of 0.25, a quick ratio of 0.27 and a debt-to-equity ratio of 557.03.

About Angkor Resources

(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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