Angkor Resources (CVE:ANK) Hits New 12-Month High – What’s Next?

Angkor Resources Corp. (CVE:ANK) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.40 and last traded at C$0.39, with a volume of 378201 shares trading hands. The stock had previously closed at C$0.35.

Angkor Resources Price Performance

The firm has a 50 day moving average price of C$0.29 and a two-hundred day moving average price of C$0.25. The company has a market cap 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 quick ratio of 0.27 and a current ratio of 0.25.

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.