Mila Resources (LON:MILA) Shares Up 17% – Time to Buy?

Mila Resources Plc (LON:MILAGet Free Report) traded up 17% on Thursday . The company traded as high as GBX 0.27 ($0.00) and last traded at GBX 0.27 ($0.00). 5,496,703 shares were traded during mid-day trading, a decline of 46% from the average session volume of 10,209,481 shares. The stock had previously closed at GBX 0.23 ($0.00).

Mila Resources Stock Performance

The stock’s fifty day simple moving average is GBX 0.22 and its two-hundred day simple moving average is GBX 0.36. The company has a market capitalization of £1.36 million, a price-to-earnings ratio of -3.74 and a beta of 0.26.

Mila Resources (LON:MILAGet Free Report) last released its earnings results on Tuesday, March 18th. The company reported GBX (0.07) ($0.00) EPS for the quarter.

About Mila Resources

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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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