Angkor Gold ( (TSE:ANK) ) has shared an update.
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.
More about Angkor Gold
Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Canada and Cambodia. It operates through its subsidiaries, including Angkor Gold Corp. for mineral exploration in Cambodia and EnerCam Resources for oil and gas exploration, particularly in Block VIII, Cambodia. The company is also involved in carbon capture and gas conservation projects in Saskatchewan, Canada.
YTD Price Performance: 125.00%
Average Trading Volume: 84,366
Technical Sentiment Signal: Sell
Current Market Cap: C$41.5M
See more data about ANK stock on TipRanks’ Stock Analysis page.