Mila Resources (LON:MILA) Stock Price Up 3.3% – What’s Next?
by Renee Jackson · The Cerbat GemShares of Mila Resources Plc (LON:MILA – Get Free Report) traded up 3.3% on Tuesday . The company traded as high as GBX 2.31 and last traded at GBX 2.22. 9,834,129 shares were traded during mid-day trading, a decline of 33% from the average session volume of 14,690,334 shares. The stock had previously closed at GBX 2.15.
Mila Resources Stock Up 4.0%
The stock’s 50-day moving average price is GBX 2.03 and its 200 day moving average price is GBX 1.24. The firm has a market capitalization of £15.14 million, a price-to-earnings ratio of -14.90 and a beta of 0.26.
Mila Resources (LON:MILA – Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The company reported GBX (0.15) earnings per share (EPS) for the quarter.
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.