Angkor Resources (CVE:ANK) Trading Up 10.5% – Should You Buy?

Shares of Angkor Resources Corp. (CVE:ANKGet Free Report) shot up 10.5% during mid-day trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. 20,500 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 97,023 shares. The stock had previously closed at C$0.10.

Angkor Resources Stock Performance

The company’s 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11. The company has a debt-to-equity ratio of 557.03, a quick ratio of 0.27 and a current ratio of 0.25. The stock has a market cap of C$19.37 million, a PE ratio of -10.50 and a beta of 0.27.

About Angkor Resources

(Get Free Report)

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.

Further Reading

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