Angkor Resources (CVE:ANK) Shares Down 5.3% – Here’s What Happened

Angkor Resources Corp. (CVE:ANKGet Free Report)’s stock price dropped 5.3% on Tuesday . The stock traded as low as C$0.27 and last traded at C$0.27. 11,115 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 70,461 shares. The stock had previously closed at C$0.28.

Angkor Resources Stock Down 5.3%

The stock has a market capitalization of C$55.66 million, a price-to-earnings ratio of -13.50 and a beta of -0.74. The company has a quick ratio of 0.27, a current ratio of 0.25 and a debt-to-equity ratio of 557.03. The business’s 50-day moving average is C$0.30 and its two-hundred day moving average is C$0.32.

Angkor Resources Company Profile

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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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