Angkor Resources (CVE:ANK) Trading Up 1.6% – Still a Buy?

Angkor Resources Corp. (CVE:ANKGet Free Report)’s share price traded up 1.6% on Tuesday . The company traded as high as C$0.32 and last traded at C$0.32. Approximately 30,540 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 76,137 shares. The stock had previously closed at C$0.32.

Angkor Resources Trading Up 1.6%

The company has a 50-day moving average price of C$0.33 and a 200-day moving average price of C$0.33. The firm has a market capitalization of C$64.93 million, a price-to-earnings ratio of -10.67 and a beta of -0.90. The company has a debt-to-equity ratio of 557.03, a quick ratio of 0.27 and a current ratio of 0.25.

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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