Angkor Resources (CVE:ANK) Stock Price Down 3.1% – What’s Next?

Angkor Resources Corp. (CVE:ANK)’s stock price traded down 3.1% during mid-day trading on Tuesday . The company traded as low as C$0.31 and last traded at C$0.31. 56,311 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 79,418 shares. The stock had previously closed at C$0.32.

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’s fifty day moving average is C$0.32 and its 200-day moving average is C$0.32. The stock has a market capitalization of C$62.90 million, a P/E ratio of -10.33 and a beta of -0.86.

Angkor Resources Company Profile

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.