Mila Resources (LON:MILA) Trading Up 39.4% – What’s Next?

Mila Resources Plc (LON:MILAGet Free Report)’s stock price was up 39.4% during trading on Friday . The company traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.24 ($0.00). Approximately 25,647,869 shares traded hands during mid-day 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 Performance

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

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