Angkor Resources (CVE:ANK) Trading 13.7% Higher – Should You Buy?

Angkor Resources Corp. (CVE:ANKGet Free Report)’s stock price shot up 13.7% during trading on Tuesday . The company traded as high as C$0.29 and last traded at C$0.29. 36,500 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 74,523 shares. The stock had previously closed at C$0.26.

Angkor Resources Trading Up 13.7%

The stock’s fifty day moving average is C$0.32 and its 200 day moving average is C$0.33. The company has a debt-to-equity ratio of 557.03, a quick ratio of 0.27 and a current ratio of 0.25. The stock has a market cap of C$59.78 million, a P/E ratio of -14.50 and a beta of -0.79.

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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