Angkor Resources (CVE:ANK) Sets New 12-Month High – Should You Buy?

Angkor Resources Corp. (CVE:ANKGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.45 and last traded at C$0.45, with a volume of 57622 shares trading hands. The stock had previously closed at C$0.44.

Angkor Resources Trading Up 2.3%

The stock’s fifty day simple moving average is C$0.34 and its 200-day simple moving average is C$0.33. 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 firm has a market cap of C$92.76 million, a PE ratio of -22.50 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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