Mila Resources Plc (LON:MILA – Get Free Report) traded down 11.2% during mid-day trading on Tuesday . The company traded as low as GBX 1.44 and last traded at GBX 1.50. 8,203,933 shares were traded during trading, an increase of 28% from the average session volume of 6,422,248 shares. The stock had previously closed at GBX 1.69.
Mila Resources Stock Down 30.1%
The company has a market cap of £7.10 million, a PE ratio of -6.99 and a beta of 0.26. The company’s fifty day moving average is GBX 1.95 and its 200-day moving average is GBX 1.45.
About Mila Resources
Mila Resources (LSE: MILA) is an exploration company focused on advancing high-potential gold and copper mining projects across proven mining regions.
The Yarrol Project, the Company’s flagship asset located in Queenslan’s South-east Goldfields, comprises a 20km mineralised corridor with demonstrated potential for both gold and copper, with exploration campaigns currently underway to expand and define this high-priority target with mineralisation present along its strike.
Mila’s other prominent project, the Kathleen Valley Gold Project, is situated on the world-renowned Norseman-Wiluna Orogenic Belt, and is a multi-mineral endowed project providing Mila with exposure to both gold, copper, and additional lithium -bearing systems identified in the surround region.
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