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Angkor Gold ( (TSE:ANK) ) just unveiled an update.
Angkor Resources Corp. has signed a definitive agreement to sell its 40% participating interest in the Evesham Macklin oil and gas assets in Saskatchewan for $4.8 million to an arm’s length purchaser, with closing expected on January 30, 2026, and a staged payment structure that includes application of a $3.8 million loan previously advanced by the buyer. The transaction, which transfers profit entitlements and operating and capital commitments on the assets effective October 1, 2025, remains subject to shareholder approval at the company’s January 29, 2026 annual meeting and required stock exchange regulatory approvals, and reflects an ongoing reshaping of Angkor’s Canadian oil and gas portfolio within its broader cross-border resource and energy strategy.
The most recent analyst rating on (TSE:ANK) stock is a Hold with a C$0.32 price target. To see the full list of analyst forecasts on Angkor Gold stock, see the TSE:ANK Stock Forecast page.
Spark’s Take on TSE:ANK Stock
According to Spark, TipRanks’ AI Analyst, TSE:ANK is a Neutral.
The score is held back primarily by weak financial performance (pre-revenue, losses, cash burn) and leverage risk, partially offset by constructive technical trend/momentum and a series of positive corporate updates aimed at improving funding flexibility and advancing exploration plans.
To see Spark’s full report on TSE:ANK stock, click here.
More about Angkor Gold
Angkor Resources Corp., listed on the TSX Venture Exchange and OTCQB, positions itself as a resource optimizer focused on mineral and energy solutions in Canada and Cambodia. Through Angkor Gold Corp., it holds two copper and gold exploration licences in Cambodia, while its Cambodian energy arm, EnerCam Resources, operates a large onshore oil and gas licence known as Block VIII. In Canada, subsidiary EnerCam Exploration has been involved in oil and gas production in Saskatchewan with initiatives aimed at gas capture, emissions reduction and broader environmental and social projects supporting cleaner energy solutions.
Average Trading Volume: 80,190
Technical Sentiment Signal: Buy
Current Market Cap: C$69.64M
Find detailed analytics on ANK stock on TipRanks’ Stock Analysis page.