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

Shares of Angkor Resources Corp. (CVE:ANKGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company 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 Stock Up 7.1%

The stock has a market capitalization of C$75.69 million, a P/E ratio of -12.50 and a beta of -0.63. 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 fifty day moving average price of C$0.29 and a 200 day moving average price of C$0.25.

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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