Mila Resources (LON:MILA) Trading 17% Higher – Here’s Why

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

Mila Resources Stock Up 20.0 %

The business has a fifty day moving average of GBX 0.22 and a 200 day moving average of GBX 0.36. The firm has a market cap of £1.49 million, a P/E ratio of -4.09 and a beta of 0.26.

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