Angkor Resources (CVE:ANK) Stock Crosses Below 200-Day Moving Average – Here’s Why

Angkor Resources Corp. (CVE:ANK – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of C$0.34 and traded as low as C$0.34. Angkor Resources shares last traded at C$0.34, with a volume of 12,903 shares changing hands.

Angkor Resources Stock Performance

The company has a market cap of C$69.05 million, a price-to-earnings ratio of -16.75 and a beta of -0.35. The stock’s fifty day simple moving average is C$0.41 and its two-hundred day simple moving average is C$0.34. 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

(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. and changed its name to Angkor Resources Corp. in September 2019. Angkor Resources Corp. was incorporated in 2008 and is based in Sexsmith, Canada.

Further Reading

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