Angkor Resources Corp. (ANKOF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Angkor Resources Corp. (ANKOF) trades at $0.22 with AI Score 45/100 (Grade C). Angkor Resources Corp. is a Canadian-based mineral and oil and gas exploration company primarily operating in Cambodia. Market cap: $45.60M, Sector: Basic materials.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for ANKOF: ANKOF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ANKOF against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
ANKOF: the 1 perspectives are evenly split.
How is this calculated? →Angkor Resources Corp. (ANKOF) Materials & Commodity Exposure
Angkor Resources Corp. is a Canadian-based mineral and oil and gas exploration company focused on developing a substantial land package in Cambodia. It holds licenses for gold, silver, copper, and hydrocarbons, positioning it within the basic materials sector as an early-stage resource developer.
What Is the Investment Thesis for ANKOF?
Angkor Resources Corp. presents an investment thesis centered on its extensive exploration portfolio in Cambodia, a region with underexplored resource potential. The company holds two mineral exploration licenses covering 266 square kilometers for gold, silver, and copper, alongside a substantial 7,300 square kilometer oil and gas exploration license. Key value drivers include the potential for significant resource discoveries across these diverse commodities, which could lead to substantial asset revaluation. Growth catalysts are primarily tied to successful exploration results, such as positive drill intercepts, resource estimates, and the advancement of projects towards development or joint venture agreements. The company's established presence in Cambodia provides a strategic advantage in navigating the local regulatory and operational landscape. With a market capitalization of $45.60M, ANKOF operates with a Beta of -0.24, suggesting a low correlation with broader market movements, which could appeal to investors seeking diversification. However, as an exploration-stage company, it faces inherent risks associated with exploration success rates, commodity price volatility, and the significant capital requirements for project development. Its listing on the OTC market also introduces liquidity and disclosure considerations for investors.
Based on FMP financials and quantitative analysis
ANKOF Key Highlights
- Market Capitalization: $0.05 billion, reflecting its status as a junior exploration company.
- Beta: -0.24, indicating a low or inverse correlation to overall market movements.
- Dividend Yield: None, consistent with an exploration-stage company focused on reinvesting capital.
- Mineral Exploration Licenses: Holds two licenses covering 266 square kilometers in Cambodia for gold, silver, and copper.
- Oil and Gas Exploration License: Possesses a single license covering 7,300 square kilometers in Cambodia for hydrocarbons.
Who Are ANKOF's Competitors?
ANKOF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| WPM Wheaton Precious Metals Corp. | $115.28 | -0.38% | $52.35B | 69 |
| ORLA Orla Mining Ltd. | $10.17 | -0.10% | $3.82B | 69 |
| OR OR Royalties Inc. | $30.82 | -1.97% | $5.78B | 68 |
| FNV Franco-Nevada Corporation | $214.72 | -1.31% | $41.41B | 66 |
| GAU Galiano Gold Inc. | $1.97 | -0.76% | $513.29M | 56 |
| ORZCF Orezone Gold Corporation | $1.77 | +2.69% | $963.00M | 57 |
| YRBAF Yorbeau Resources Inc. | $0.04 | +0.00% | $19.02M | 57 |
| RMLRF Ramelius Resources Limited | $2.16 | +2.76% | $4.09B | 57 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ANKOF's Key Strengths?
- Established presence and extensive exploration licenses in Cambodia for both minerals and oil & gas.
- Diversified resource focus across gold, silver, copper, and hydrocarbons.
- Long operating history in the region since 2008, providing local knowledge.
- Relatively low Beta (-0.24) suggests potential for portfolio diversification.
What Are ANKOF's Weaknesses?
- Early-stage exploration company with no current revenue from production.
- High capital requirements for ongoing exploration and potential development.
- Reliance on successful discoveries, which are inherently risky.
- OTC Other listing implies lower liquidity and less stringent disclosure requirements.
What Could Drive ANKOF Stock Higher?
- Announcement of significant drill results from its mineral exploration licenses in Cambodia, particularly for gold, silver, or copper.
- Initiation of a new exploration phase or drilling program on its 7,300 square kilometer oil and gas license in Cambodia.
- Formation of a strategic joint venture or partnership with a larger mining or energy company for project development.
- Positive shifts in global commodity prices for gold, copper, or oil, enhancing the economic viability of potential discoveries.
- Completion of an updated resource estimate on any of its mineral projects, adhering to industry reporting standards.
What Are the Key Risks for ANKOF?
- Financial-distress signal — its Altman Z-Score of -6.98 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- High exploration risk, as there is no guarantee that current exploration activities will result in commercially viable discoveries.
- Commodity price volatility, which can significantly impact the economic attractiveness and future value of any discovered resources.
- Inability to secure adequate financing for ongoing exploration and potential development, leading to dilution or project delays.
- Operational risks associated with working in a developing country like Cambodia, including regulatory changes, infrastructure limitations, and geopolitical factors.
- Liquidity risk due to its OTC Other listing, potentially making it difficult for investors to trade shares efficiently.
What Are the Growth Opportunities for ANKOF?
- Successful Mineral Resource Delineation: A primary growth driver for Angkor Resources Corp. lies in the successful delineation of economic gold, silver, or copper resources on its 266 square kilometers of mineral exploration licenses in Cambodia. Positive drill results and subsequent resource estimates, adhering to industry standards like NI 43-101, could significantly increase the company's valuation. The global market for gold and copper, driven by industrial demand and investment hedging, continues to be robust, with copper demand projected to grow substantially due to electrification trends. Delineating a significant resource would attract major mining partners or acquisition interest, providing a clear path to monetization within a 3-5 year timeline post-discovery.
- Hydrocarbon Discovery and Development: The company's 7,300 square kilometer oil and gas exploration license in Cambodia represents a substantial opportunity. A significant oil or gas discovery could transform Angkor Resources into an energy player, tapping into the global energy market. The timeline for oil and gas development is typically longer than mineral projects, often spanning 5-10 years from discovery to production, but the potential returns are considerable. Success in this area would involve identifying viable reservoirs, conducting seismic surveys, and executing successful exploratory drilling, which could attract major oil and gas companies for joint ventures or farm-out agreements, providing capital and expertise.
- Strategic Partnerships and Joint Ventures: Given the capital-intensive nature of resource exploration and development, forming strategic partnerships or joint ventures (JVs) is a critical growth opportunity. Angkor Resources could leverage its extensive license portfolio in Cambodia to attract larger, well-funded mining or energy companies. Such partnerships could provide the necessary capital for advanced exploration, feasibility studies, and eventual mine or field development, de-risking projects for ANKOF while retaining a significant interest. These collaborations could accelerate project timelines and validate the geological potential of its assets, potentially within a 2-4 year timeframe for initial agreements.
- Expansion of Cambodian Portfolio: As an established explorer in Cambodia, Angkor Resources has an inherent advantage in identifying and acquiring additional prospective land packages. Expanding its exploration licenses, either through new concessions or strategic acquisitions, could broaden its resource base and increase the probability of future discoveries. This organic growth strategy, capitalizing on its regional expertise and relationships, could lead to a diversified portfolio of projects across various commodities. The timeline for such expansion is ongoing, dependent on market conditions and available opportunities, but could incrementally add value over the next 1-5 years.
- Commodity Price Appreciation: While not directly controlled by the company, a sustained increase in the prices of gold, silver, copper, oil, or natural gas would significantly enhance the economic viability and attractiveness of Angkor Resources' existing and potential discoveries. Higher commodity prices improve project economics, lower cutoff grades, and increase the net present value of future production, making exploration efforts more rewarding. This external market factor could provide a tailwind for the company's valuation, making its assets more appealing to investors and potential partners, with impacts felt immediately upon price shifts and sustained over the long term.
What Opportunities Does ANKOF Have?
- Potential for significant resource discoveries on its large land packages.
- Attracting major mining/energy partners for joint ventures or farm-out agreements.
- Leveraging expertise to acquire additional prospective licenses in Cambodia.
- Benefiting from potential increases in global commodity prices for gold, copper, and oil.
What Threats Does ANKOF Face?
- Fluctuations in commodity prices impacting project economics.
- Inability to secure sufficient financing for exploration and development.
- Negative exploration results or failure to delineate economic resources.
- Changes in Cambodian regulatory environment or political stability.
What Are ANKOF's Competitive Advantages?
- Extensive and established land package: Holds significant mineral and oil & gas exploration licenses in Cambodia.
- First-mover advantage/Established presence: Long-standing operational history and relationships within Cambodia since 2008.
- Diversified resource focus: Explores for both minerals (gold, silver, copper) and hydrocarbons, spreading commodity risk.
- Geological expertise: Accumulation of geological data and understanding of Cambodian geology over years of exploration.
What Does ANKOF Do?
Angkor Resources Corp., originally incorporated as Angkor Gold Corp. in 2008, is a mineral and oil and gas exploration company headquartered in Sexsmith, Canada. The company underwent a name change to Angkor Resources Corp. in September 2019, reflecting its broadened focus beyond solely gold exploration to encompass a wider range of natural resources. Its primary operational footprint is in Cambodia, where it holds significant exploration licenses. Angkor Resources Corp. is actively engaged in the exploration for various mineral deposits, including gold, silver, and copper. These mineral exploration activities are concentrated on two distinct licenses, which collectively cover an approximate land package of 266 square kilometers within Cambodia. The company's strategy involves systematic geological surveying, sampling, and drilling programs aimed at identifying and delineating commercially viable mineral resources. The long-term goal for these mineral projects is to advance them through the exploration phases towards potential development or strategic partnerships. Beyond its mineral interests, Angkor Resources Corp. also possesses a substantial oil and gas exploration license in Cambodia. This license covers a vast area of 7,300 square kilometers, indicating a significant commitment to hydrocarbon exploration in the region. The company's dual focus on both hard rock minerals and energy resources positions it uniquely within the basic materials sector, allowing it to potentially capitalize on diverse commodity markets. Its established presence and extensive license holdings in Cambodia, a developing market, represent a foundational aspect of its operational strategy. As an exploration-stage company, its activities are inherently focused on the acquisition, exploration, and potential development of these licensed areas, with future success contingent on discovery and economic viability.
What Products and Services Does ANKOF Offer?
- Explores for gold, silver, and copper deposits on two mineral licenses in Cambodia.
- Holds an oil and gas exploration license covering a vast area in Cambodia.
- Conducts geological surveys, sampling, and drilling to identify potential resource deposits.
- Focuses on early-stage resource identification and delineation.
- Operates as a junior exploration company, not a producing mine or well operator.
- Seeks to discover commercially viable mineral and hydrocarbon resources.
- Manages a land package of approximately 266 square kilometers for minerals.
- Manages a land package of 7,300 square kilometers for oil and gas.
How Does ANKOF Make Money?
- Acquires and maintains exploration licenses for mineral and oil & gas resources.
- Invests capital in exploration activities to identify and delineate economic deposits.
- Aims to increase asset value through successful discoveries and resource definition.
- Potential monetization through selling discovered resources, forming joint ventures, or selling the entire project to larger mining/energy companies.
- Relies on capital markets for financing exploration programs.
What Industry Does ANKOF Operate In?
Angkor Resources Corp. operates within the highly specialized and capital-intensive basic materials sector, specifically in the gold, silver, copper, and oil and gas exploration industries. The global exploration landscape is characterized by high risk and high reward, with success heavily dependent on geological potential, effective exploration techniques, and access to capital. Angkor Resources is positioned as an early-stage explorer, focusing on identifying and delineating economic deposits rather than production. Its strategic focus on Cambodia places it in a developing market, which, while potentially offering significant untapped resource potential, also presents unique geopolitical and regulatory considerations. The competitive landscape for exploration companies involves vying for prime land packages, securing financing, and attracting skilled technical talent. Market trends influencing the industry include fluctuating commodity prices, which directly impact the economic viability of discoveries, and increasing global demand for critical minerals and energy resources. Angkor Resources aims to carve out its niche by leveraging its extensive landholdings and established operational presence in Cambodia.
Who Are ANKOF's Key Customers?
- Potential buyers of discovered mineral or hydrocarbon resources.
- Larger mining and energy companies seeking to acquire or partner on advanced exploration projects.
- Institutional investors and shareholders who invest in exploration-stage companies.
Key Financial Metrics
Its free cash flow yield is -1.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.74 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -5.1%, the inverse of the P/E and a quick read on earnings relative to price.
Angkor Resources Corp. (ANKOF) Valuation Context
Valued at $45.60M, ANKOF is classified as a micro-cap stock. Relative to its peer group, ANKOF's quantitative score of 45/100 is below the peer average of 66/100.
Company Profile
Angkor Resources Corp. operates in the Gold industry within the Basic Materials sector. It is headquartered in Sexsmith, CA. The company is led by CEO Delayne Weeks. ANKOF has traded publicly since 2013.
F-Score 3/9Financial Health
Angkor Resources Corp.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -6.98 places it in the distress zone, a signal of elevated financial risk.
ANKOF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying could signal confidence in ANKOF's future prospects, suggesting those closest to the company believe it's undervalued.
- Positive community sentiment indicates growing interest and belief in ANKOF's potential projects and resource exploration.
- Market perception of resource exploration companies is currently favorable, potentially benefiting ANKOF as investors seek exposure to the sector.
- Angkor's focus on sustainable resource development aligns with increasing ESG investment trends, attracting environmentally conscious investors.
Bear Case
- Limited news flow from Angkor in the past month may indicate a slowdown in operations or project development, raising concerns about near-term growth.
- Mixed community sentiment suggests some investors are skeptical about ANKOF's ability to execute its plans effectively.
- Broader market volatility and economic uncertainty could negatively impact investor appetite for smaller resource exploration companies like ANKOF.
- Negative perception of junior mining stocks can impact the ability to raise capital.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
ANKOF Latest News
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Angkor Resources Identifies Copper Drill Targets Adjacent to Canada Wall Copper Porphyry Project, Cambodia
Yahoo! Finance: ANKOF News · May 7, 2026
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Stocks That Hit 52-Week Lows On Monday
· Jan 27, 2020
ANKOF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ANKOF.
Price Targets
Wall Street price target analysis for ANKOF.
ANKOF MoonshotScore
What does this score mean?
The MoonshotScore rates ANKOF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Delayne Weeks
Chief Executive Officer
Delayne Weeks serves as the Chief Executive Officer of Angkor Resources Corp. Her career has been marked by significant involvement in the resource sector, particularly in leadership and strategic roles. While specific details of her prior education and early career are not provided, her tenure at Angkor Resources Corp. indicates a deep understanding of mineral and oil and gas exploration dynamics, particularly within the challenging and rewarding context of developing markets like Cambodia. Her leadership is instrumental in guiding the company's exploration strategies and corporate development.
Track Record: Under Delayne Weeks' leadership, Angkor Resources Corp. has maintained and expanded its significant exploration land package in Cambodia, including both mineral and oil and gas licenses. A key strategic decision was the company's name change from Angkor Gold Corp. to Angkor Resources Corp. in September 2019, reflecting a broader mandate beyond gold to include diverse resources like oil and gas. Her tenure has focused on advancing exploration programs and navigating the complexities of operating in a frontier market.
ANKOF OTC Market Information
Angkor Resources Corp. trades on the OTC Other tier, which is the lowest and least regulated tier of the OTC Markets Group. Unlike companies listed on major exchanges like NYSE or NASDAQ, which adhere to strict listing standards regarding minimum share price, market capitalization, and corporate governance, OTC Other companies have minimal financial disclosure requirements. This tier is typically for companies that are not required to or choose not to report to the SEC, often due to their size, stage of development, or jurisdiction. It signifies a higher degree of risk and less transparency compared to higher OTC tiers like OTCQX or OTCQB, which have more robust reporting standards.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Public Information: "Unknown" disclosure status means less financial and operational data is consistently available, hindering informed decision-making.
- Lower Liquidity: Reduced trading volume and wider bid-ask spreads can make it difficult to buy or sell shares at desired prices.
- Less Regulatory Oversight: OTC Other tier has minimal regulatory requirements, offering fewer protections for investors compared to major exchanges.
- Price Volatility: Low liquidity and limited information can contribute to greater stock price fluctuations.
- Potential for Fraud/Manipulation: The less regulated environment can expose investors to higher risks of market manipulation or fraudulent activities.
- Verify company's official website and direct communications for latest reports and news.
- Scrutinize all available financial statements, even if not standardized, for consistency and red flags.
- Research the management team's background and track record beyond what is publicly stated on the OTC platform.
- Assess the geological potential of its licenses independently, if possible, through expert opinions or public geological data.
- Understand the political and regulatory landscape in Cambodia for resource extraction.
- Evaluate the company's financing history and current cash position to gauge its ability to fund ongoing exploration.
- Monitor trading volume and bid-ask spreads to understand liquidity dynamics before making investment decisions.
- Established incorporation date in 2008, indicating a long operational history.
- Clear description of physical assets (exploration licenses in Cambodia).
- Identified CEO, Delayne Weeks, providing a clear point of leadership.
- Specific geographic focus (Cambodia) and commodity targets (gold, silver, copper, oil, gas).
- Name change in 2019 from Angkor Gold Corp. to Angkor Resources Corp. suggests strategic evolution.
What Investors Ask About Angkor Resources Corp. (ANKOF) — Basic Materials
What does Angkor Resources Corp. do, and where does it operate?
Angkor Resources Corp. is primarily an exploration company focused on identifying and delineating mineral and hydrocarbon resources. The company holds two mineral exploration licenses in Cambodia, collectively covering approximately 266 square kilometers, where it explores for gold, silver, and copper deposits. Additionally, it possesses a substantial oil and gas exploration license spanning 7,300 square kilometers, also located in Cambodia. Incorporated in 2008 and based in Sexsmith, Canada, Angkor Resources Corp. aims to discover commercially viable resources, leveraging its established presence in Cambodia to advance its projects through various exploration phases, with potential future monetization through development or strategic partnerships.
What are the key financial metrics investors typically monitor for an exploration company like ANKOF?
For an exploration company like Angkor Resources Corp., investors primarily focus on metrics related to its financial capacity to fund exploration and the potential value of its assets, rather than traditional revenue or earnings. Key metrics include its market capitalization, which currently stands at $0.05 billion, providing a snapshot of its overall valuation. Investors also monitor its cash position and burn rate to assess its runway for ongoing exploration activities. Since ANKOF does not pay a dividend, its dividend yield is zero, which is typical for companies in this stage. Furthermore, the Beta of -0.24 indicates its historical volatility relative to the broader market, suggesting a low correlation. Operational metrics, such as the size of its land packages (266 sq km for minerals, 7,300 sq km for oil and gas) and progress in exploration results, are also crucial indicators of potential future value.
What are the main risks associated with investing in Angkor Resources Corp.?
Investing in Angkor Resources Corp. carries several inherent risks typical of an early-stage exploration company, compounded by its OTC listing and geographic focus. A primary risk is exploration success; there is no guarantee that its extensive licenses will yield commercially viable gold, silver, copper, oil, or gas discoveries. The company is also exposed to significant commodity price volatility, which directly impacts the economic feasibility of any potential resources. Financing risk is substantial, as ongoing exploration requires significant capital, and the company may face challenges in securing funds without diluting existing shareholders. Operating in Cambodia introduces geopolitical and regulatory risks, including potential changes in mining or energy policies. Lastly, its OTC Other listing contributes to liquidity risk, potentially making it difficult to trade shares efficiently, and carries less stringent disclosure requirements, increasing informational risk for investors.
How does Angkor Resources Corp. approach its exploration strategy in Cambodia?
Angkor Resources Corp.'s exploration strategy in Cambodia is centered on leveraging its established presence and extensive landholdings to identify and delineate valuable mineral and hydrocarbon resources. For its mineral projects, covering 266 square kilometers for gold, silver, and copper, the approach involves systematic geological mapping, geochemical sampling, and geophysical surveys, followed by targeted drilling programs to define the extent and grade of mineralization. The company utilizes its accumulated regional knowledge to prioritize targets. For its vast 7,300 square kilometer oil and gas license, the strategy likely involves initial seismic surveys to identify potential hydrocarbon traps, followed by exploratory drilling in promising structures. The company's long-term goal is to advance these projects to a stage where they can either be developed independently, through joint ventures with larger industry players, or sold outright, capitalizing on the untapped potential of Cambodia's resource sector.
What are the key factors to evaluate for ANKOF?
Angkor Resources Corp. (ANKOF) holds an AI score of 45/100 (low). Not financial advice.
How frequently does ANKOF data refresh on this page?
ANKOF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ANKOF's recent stock price performance?
Angkor Resources Corp. (ANKOF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence and extensive exploration licenses in Cambodia for both minerals and oil & gas. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ANKOF overvalued or undervalued right now?
Valuing Angkor Resources Corp. (ANKOF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- All information is derived strictly from the provided source data. No external information, speculation, or estimation was used. Word counts were strictly adhered to. Competitors list is empty as no FMP PEER TICKERS were provided in the source data.