Angkor Resources (CVE:ANK) Hits New 12-Month High – Here’s Why

Angkor Resources Corp. (CVE:ANKGet Free Report)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.45 and last traded at C$0.45, with a volume of 18627 shares changing hands. The stock had previously closed at C$0.45.

Angkor Resources Trading Down 4.4%

The company has a current ratio of 0.25, a quick ratio of 0.27 and a debt-to-equity ratio of 557.03. The business’s fifty day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.32. The stock has a market capitalization of C$88.64 million, a P/E ratio of -21.50 and a beta of -0.53.

About Angkor Resources

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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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