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Angkor Resources (ANK) AI Stock Analysis

10 Followers
TSE:ANK

Angkor Resources

(TSXV:ANK)

Select Model
Rating:47Neutral
Price Target:CAD 0.39▲(19.39% Upside)
Action:reiterated
Date:08/29/26

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow implying continued financing needs). Technicals provide the main offset, with the stock trading above major moving averages and positive momentum indicators. Valuation offers limited support due to negative earnings and no dividend.

Positive Factors
Cambodia-focused exploration platformA focused concession strategy gives Angkor exposure to potential copper, gold and base-metal discoveries while concentrating technical and capital effort in one jurisdiction. Successful projects could be monetized through sale, farm-out, partnership or development.
Negative Factors
No current revenue baseZero revenue means Angkor currently lacks operating income to fund exploration, corporate costs or project advancement. Its ability to create shareholder value therefore depends on discoveries, transactions or future production rather than an established recurring business.

Angkor Resources (ANK) vs. iShares MSCI Canada ETF (EWC)

-40%-20%0%20%40%60%TSE:ANK+11.86%EWC+21.06%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
CAD 68.02M
Dividend Yield
―
Average Volume (3M)
86.78K
Price to Earnings (P/E)
-21.7
Beta (1Y)
0.06
Revenue Growth
―
EPS Growth
-39.13%
Country
Canada
Employees
100
Sector
General
Sector Strength
55
Industry
Gold

Angkor Resources Business Overview & Revenue Model

Company Description

Angkor Resources Corp. functions as an exploration enterprise, targeting both mineral deposits and petroleum. In Cambodia, the company holds two mineral exploration permits, encompassing approximately 266 square kilometers, where it actively searches...

How the Company Makes Money

Angkor Resources primarily makes money through the mineral exploration business model, where potential monetization typically comes from (a) selling or farming out interests in mineral concessions, (b) entering joint ventures or option agreements in...

Angkor Resources Financial Statement Overview

Summary

Financial results reflect a pre-revenue exploration profile: zero revenue, recurring operating and net losses, and persistently negative operating/free cash flow (TTM OCF -1.80M; TTM FCF -1.39M). A key positive is improved solvency versus FY2025 with sharply lower total debt (~1.04M in TTM vs. ~5.45M) and a normalized debt-to-equity (~0.94), but ongoing cash burn implies continued external funding/dilution risk.

Income Statement

12Very Negative

Balance Sheet

28Negative

Cash Flow

15Very Negative
Financial statement breakdown
BreakdownTTMOct 2025Oct 2024Oct 2023Oct 2022Oct 2021
Income Statement
Total Revenue000000
Gross Profit-5,640-1,4100-25.95K-31.71K-21.72K
EBITDA-3.02M-2.85M-1.04M-876.67K-2.58M-5.50M
Net Income-3.16M-2.87M-621.78K-987.98K-2.71M-5.68M
Balance Sheet
Total Assets5.23M7.38M7.53M3.32M3.79M3.59M
Cash, Cash Equivalents and Short-Term Investments605.71K896.71K169.58K56.72K606.46K398.22K
Total Debt1.04M5.45M5.98M1.83M1.56M1.24M
Total Liabilities4.17M7.33M6.35M2.77M2.53M2.16M
Stockholders Equity1.11M90.94K1.22M562.24K1.28M1.44M
Cash Flow
Free Cash Flow-1.39M-719.77K-1.30M-832.68K-1.27M-1.05M
Operating Cash Flow-1.80M-702.86K-1.11M-779.80K-1.08M-1.01M
Investing Cash Flow1.45M235.96K-3.71M-76.81K-979.81K-454.47K
Financing Cash Flow295.22K1.19M4.92M311.48K2.30M309.12K

Angkor Resources Technical Analysis

Technical Analysis SentimentNegative
Last Price0.33

Price Trends

50DMA0.41Negative
100DMA0.36Negative
200DMA0.34Negative

Market Momentum

MACD-0.02Positive
RSI35.10Neutral
STOCH31.94Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ANK, the sentiment is Negative. The current price of 0.33 is below the 20-day moving average (MA) of 0.37, below the 50-day MA of 0.41, and below the 200-day MA of 0.34, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 35.10 is Neutral, neither overbought nor oversold. The STOCH value of 31.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ANK.

Angkor Resources Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:ANK against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:IVSTSE:IVS49NeutralCAD 54.19M-19.11-369.23%――-18.27%
TSE:ANKTSE:ANK47NeutralCAD 69.05M-21.71-341.66%――-39.13%
TSE:KLDCTSE:KLDC44NeutralCAD 62.89M-4.83-48.90%――-187.50%
TSE:UGDTSE:UGD43NeutralCAD 62.68M-20.11-50.45%――-28.17%
TSE:BRAUTSE:BRAU42NeutralCAD 178.30M-44.91-29.24%――-10.28%
TSE:ROSTSE:ROS37UnderperformCAD 68.01M-9.69131.26%――-98.46%

* General Sector Average

Performance Comparison

0%100%200%TSE:ANKTSE:BRAUTSE:IVSTSE:UGDTSE:KLDCTSE:ROSDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TSE:ANK and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:ANKAngkor Resources Corp.0.330.038.20%
TSE:BRAUBig Ridge Gold Corp.0.530.35186.49%
TSE:IVSInventus Mining0.23-0.03-11.32%
TSE:UGDUnigold Inc0.18-0.02-7.50%
TSE:KLDCWarrior Gold, Inc0.30-0.01-3.23%
TSE:ROSRosCan Gold Corporation0.130.0219.05%

Angkor Resources Corporate Events

Business Operations and Strategy

Angkor Resources Advances Drilling at Cambodian Copper-Gold Target

Positive
Aug 19, 2026

Angkor Resources has launched its initial diamond drilling program at the Andong Bor copper-gold target in Cambodia, completing 1,099 meters of the planned 2,800 meters at the Thmei North anomaly. The campaign is designed around local seasonal condit...

Business Operations and StrategyPrivate Placements and Financing

Angkor Resources Secures $3.5 Million Structured Financing to Advance Cambodian Mineral Assets

Positive
Aug 17, 2026

Angkor Resources has entered into a financing agreement with institutional investor Sorbie Bornholm LP to raise approximately $3.5 million through the issuance of 14 million units. The structure combines common shares and layered warrant packages, wi...

Business Operations and StrategyRegulatory Filings and Compliance

Angkor’s EnerCam Advances Preparations for Cambodia’s First Onshore Oil Wells

Positive
Aug 12, 2026

Angkor Resources’ Cambodian energy arm, EnerCam Resources, is progressing preparations to drill Cambodia’s first onshore oil and gas wells on Block VIII. The subsidiary is coordinating access, infrastructure, and regulatory requirements as part of a...

Business Operations and StrategyExecutive/Board ChangesShareholder MeetingsStock Split

Sable Resources Shareholders Approve Board, Incentive Plan and Share Consolidation

Positive
Jul 16, 2026

Sable Resources reported that shareholders gave near-unanimous backing to all resolutions at its annual and special meeting, with 42.6% of outstanding shares represented. Investors re-elected the full slate of five directors, reappointed BDO Canada a...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 29, 2026