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Angkor Gold
(ANK)
Angkor Gold (ANK) vs. iShares MSCI Canada ETF (EWC)
Angkor Gold Business Overview & Revenue Model
Angkor Gold Financial Statement Overview
| Breakdown | TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -415.63K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -415.63K | 0.00 | -25.95K | -31.71K | -21.72K | -26.38K |
| EBITDA | -1.59M | -1.04M | -876.67K | -2.58M | -5.50M | -1.01M |
| Net Income | -2.13M | -621.78K | -987.98K | -2.71M | -5.68M | -1.23M |
Balance Sheet | ||||||
| Total Assets | 7.19M | 7.53M | 3.32M | 3.79M | 3.59M | 8.43M |
| Cash, Cash Equivalents and Short-Term Investments | 662.93K | 169.58K | 56.72K | 606.46K | 398.22K | 1.59M |
| Total Debt | 6.35M | 5.98M | 1.83M | 1.56M | 1.24M | 1.02M |
| Total Liabilities | 7.76M | 6.35M | 2.77M | 2.53M | 2.16M | 1.71M |
| Stockholders Equity | -567.50K | 1.22M | 562.24K | 1.28M | 1.44M | 6.72M |
Cash Flow | ||||||
| Free Cash Flow | -1.51M | -1.30M | -832.68K | -1.27M | -1.05M | -1.78M |
| Operating Cash Flow | -1.29M | -1.11M | -779.80K | -1.08M | -1.01M | -1.33M |
| Investing Cash Flow | 250.67K | -3.71M | -76.81K | -979.81K | -454.47K | -450.82K |
| Financing Cash Flow | 1.53M | 4.92M | 311.48K | 2.30M | 309.12K | 2.99M |
Angkor Gold Technical Analysis
Angkor Gold Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
59 Neutral | C$1.24B | -0.06 | -8.19% | 5.02% | 10.83% | -22.67% | |
40 Underperform | C$36.31M | ― | -791.49% | ― | ― | 9.23% | |
| C$27.74M | ― | -5.04% | ― | ― | ― | ||
54 Neutral | C$50.57M | ― | -4.28% | ― | ― | 41.80% | |
41 Neutral | C$39.01M | ― | -25.75% | ― | ― | ― | |
32 Underperform | C$42.65M | ― | -27.94% | ― | ― | -550.00% | |
| $25.05M | ― | ― | ― | ― |
Angkor Gold Corporate Events
Angkor Resources Corp.’s subsidiary, EnerCam Resources, is advancing its onshore oil and gas project in Cambodia’s Block VIII, with senior geoscientists moving to Phnom Penh to expedite development. The project is progressing with key milestones, including environmental and seismic assessments, aiming to drill the first wells within 15 months, potentially marking Cambodia’s first onshore hydrocarbon resource.
Spark’s Take on TSE:ANK Stock
According to Spark, TipRanks’ AI Analyst, TSE:ANK is a Underperform.
Angkor Gold’s stock score is heavily impacted by its significant financial difficulties, including no revenue generation, high leverage, and negative cash flows. While recent corporate developments indicate potential growth, these are overshadowed by the company’s immediate financial challenges. Technical analysis and valuation also remain weak, reinforcing a cautious outlook.
To see Spark’s full report on TSE:ANK stock, click here.
Angkor Resources Corp.’s subsidiary, EnerCam Resources, is advancing its 2-D seismic program for the first onshore oil and gas well in Cambodia’s Block VIII. The project involves collaboration with Cambodia’s Ministry of Mines and Energy (MME) through a joint review committee, ensuring that exploration activities meet specific conditions. The seismic program, which exceeds US$500,000, is contingent on the completion and approval of an Environmental Impact Assessment (EIA). EnerCam is taking measures to minimize environmental impact by utilizing existing roadways and ensuring UXO clearance. This initiative marks a significant step in Cambodia’s energy sector, potentially enhancing Angkor’s industry positioning and stakeholder engagement.
Spark’s Take on TSE:ANK Stock
According to Spark, TipRanks’ AI Analyst, TSE:ANK is a Neutral.
Angkor Gold’s overall score reflects significant financial difficulties, including no revenue generation, high leverage, and negative cash flows. While technical indicators show some upward momentum, the lack of profitability and dividends impacts its valuation. Recent corporate developments suggest potential growth opportunities, but financial challenges remain a primary concern.
To see Spark’s full report on TSE:ANK stock, click here.
Angkor Resources Corp. has announced the formation of a highly experienced team for its subsidiary EnerCam Resources to lead Cambodia’s first onshore oil and gas project. The team, with over 250 years of collective experience, is expected to enhance the company’s ability to capitalize on the potential of Block VIII, thereby strengthening its position in the energy sector and potentially benefiting stakeholders through successful hydrocarbon exploration.
Spark’s Take on TSE:ANK Stock
According to Spark, TipRanks’ AI Analyst, TSE:ANK is a Underperform.
Angkor Gold presents considerable financial difficulties with no revenue generation, high leverage, and negative cash flows. While technical indicators show upward momentum, the lack of profitability and dividends affects its valuation. However, recent corporate developments suggest potential growth opportunities.
To see Spark’s full report on TSE:ANK stock, click here.
Angkor Resources Corp.’s subsidiary, EnerCam Resources, provided an update to Cambodia’s General Department of Petroleum on its activities in Block VIII, focusing on environmental assessments and seismic programs. The company aims to fast-track drilling operations and ensure compliance with the Production Sharing Agreement, while also planning to hire and train local Khmer people for the petroleum industry. Additionally, Angkor has engaged Hillside Consulting and Media Inc. for a digital marketing campaign to enhance corporate visibility.
Spark’s Take on TSE:ANK Stock
According to Spark, TipRanks’ AI Analyst, TSE:ANK is a Underperform.
Angkor Gold presents considerable financial difficulties with no revenue generation, high leverage, and negative cash flows. While technical indicators show upward momentum, the lack of profitability and dividends affects its valuation. However, recent corporate developments suggest potential growth opportunities.
To see Spark’s full report on TSE:ANK stock, click here.
Angkor Resources Corp. has appointed Dr. David Johnson, a seasoned geoscientist with over 30 years of experience, to its Advisory Board. Dr. Johnson’s extensive background in global exploration and production, including significant discoveries and business development, is expected to bolster Angkor’s technical and strategic capabilities. His role will also include serving as the Qualified Person for Angkor’s oil and gas projects, enhancing the company’s technical disclosure and operational oversight. This appointment is part of Angkor’s broader strategy to strengthen its position in the resource optimization sector, particularly in its mineral and energy projects across Canada and Cambodia.
Angkor Resources Corp.’s subsidiary, EnerCam Resources, has initiated a 350-kilometer 2-D seismic line program for oil and gas exploration in Cambodia’s Block VIII. This development marks a significant step for Cambodia, which currently imports all its hydrocarbon-based energy, and could potentially lead to domestic energy production, impacting the country’s energy independence and economic growth.
Angkor Resources Corp.’s subsidiary, Angkor Gold Corp., has extended its soil sampling efforts in the Andong Bor license area in Cambodia, aiming to expand the mineralized zones identified in previous explorations. The recent activities, including a ground magnetic survey and soil augering, have been positively reviewed by provincial authorities, aligning with the company’s strategy to renew its exploration license in August 2025.
Angkor Resources’ Cambodian subsidiary, EnerCam Resources, has initiated an Environmental Impact Assessment (EIA) for its onshore oil and gas license in Block VIII, Cambodia. This assessment, conducted with a local consulting firm, is crucial for establishing baseline environmental data and engaging with local communities, setting the stage for future exploration activities. The EIA is expected to take 2-3 months, during which EnerCam will also conduct seismic studies and engage with stakeholders, including local communities and government departments, to ensure a comprehensive understanding and preparation for upcoming exploration efforts.
Angkor Resources Corp.’s subsidiary, EnerCam Resources Co. Ltd., has received approval to advance its onshore oil and gas project in Cambodia’s Block VIII. This development could significantly impact Cambodia by fostering energy independence, creating jobs, and boosting the economy. The project includes conducting an Environmental Impact Assessment and seismic acquisition, with plans to drill exploratory wells to assess commercial viability.
Angkor Resources Corp.’s subsidiary, EnerCam Exploration Ltd., has entered into a strategic alliance with 358140 Alberta Ltd. and EnerCam Resources Co. Ltd. Cambodia to finance and develop Cambodia’s Block VIII onshore oil and gas project. Under the agreement, 358 will fund the project entirely, while EnerCam will operate it, maintaining a 20% interest. The project aims to advance Cambodia’s energy production capabilities using advanced and environmentally friendly technologies, with a phased development plan estimated to cost up to $30 million USD.
Angkor Resources Corp. has started diamond drilling at the Wild Boar prospect in Cambodia’s Andong Meas tenement, targeting gold anomalies identified through recent magnetic surveys and surface samples. The project, which involves partnerships and planned compensation for landowners, is expected to last several weeks and aims to explore significant gold and copper potential, enhancing Angkor’s strategic position in the mining sector.