Free Trial

Angkor Resources (CVE:ANK) Sets New 52-Week High - Here's What Happened

Angkor Resources logo with Basic Materials background

Key Points

  • Angkor Resources Corp. reached a new 52-week high at C$0.30 during mid-day trading, reflecting increased interest in the company's stock.
  • The stock has a market capitalization of C$54.32 million with a P/E ratio of -28.50 and a notably high debt-to-equity ratio of 557.03.
  • Angkor Resources is involved in the acquisition and exploration of mineral properties, focusing on gold, silver, copper, and oil and gas resources in Cambodia, Canada, and the Philippines.
  • Interested in Angkor Resources? Here are five stocks we like better.

Angkor Resources Corp. (CVE:ANK - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.30 and last traded at C$0.29, with a volume of 95694 shares trading hands. The stock had previously closed at C$0.30.

Angkor Resources Trading Down 3.4%

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 stock's 50 day moving average price is C$0.21 and its 200-day moving average price is C$0.20. The stock has a market capitalization of C$54.32 million, a P/E ratio of -28.50 and a beta of -0.77.

Angkor Resources Company Profile

(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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Angkor Resources Right Now?

Before you consider Angkor Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Angkor Resources wasn't on the list.

While Angkor Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.