Angkor Resources (CVE:ANK) Reaches New 1-Year High – Still a Buy?

Angkor Resources Corp. (CVE:ANK – Get Free Report)’s share price hit a new 52-week high during trading on Tuesday. The company traded as high as C$0.45 and last traded at C$0.45, with a volume of 59200 shares traded. The stock had previously closed at C$0.44.

Angkor Resources Price Performance

The company has a debt-to-equity ratio of 557.03, a current ratio of 0.25 and a quick ratio of 0.27. The stock has a 50 day simple moving average of C$0.36 and a two-hundred day simple moving average of C$0.33. The company has a market cap of C$92.76 million, a price-to-earnings ratio of -22.50 and a beta of -0.53.

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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