Mila Resources (LON:MILA) Trading Up 39.4% – Here’s Why

Mila Resources Plc (LON:MILAGet Free Report) rose 39.4% during trading on Friday . The stock traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.24 ($0.00). Approximately 25,647,869 shares were traded during trading, a decline of 19% from the average daily volume of 31,667,545 shares. The stock had previously closed at GBX 0.18 ($0.00).

Mila Resources Stock Up 42.9 %

The business has a 50 day moving average price of GBX 0.40 and a 200 day moving average price of GBX 0.48. The company has a quick ratio of 5.20, a current ratio of 7.85 and a debt-to-equity ratio of 0.71. The stock has a market cap of £1.35 million, a PE ratio of 100.00 and a beta of 0.26.

Mila Resources (LON:MILAGet Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported GBX (0.15) ($0.00) earnings per share for the quarter.

Mila Resources Company Profile

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Mila Resources Plc engages in exploration and development of mineral resource properties. The holds 30% interest in the Kathleen Valley gold project that consists of 7.25 square kilometers located in Western Australia. Mila Resources Plc was incorporated in 2015 and is based in London, the United Kingdom.

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