Angkor Resources (CVE:ANK) Shares Down 14.8%

Angkor Resources Corp. (CVE:ANK)’s share price dropped 14.8% during mid-day trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 120,000 shares changed hands during mid-day trading, an increase of 132% from the average daily volume of 51,753 shares. The stock had previously closed at C$0.14.

Angkor Resources Stock Down 14.8 %

The business’s 50 day moving average is C$0.11 and its 200-day moving average is C$0.10. The stock has a market cap of C$21.21 million, a price-to-earnings ratio of -11.50 and a beta of 0.38. The company has a debt-to-equity ratio of 71.55, a quick ratio of 0.27 and a current ratio of 0.12.

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.