Mila Resources (LON:MILA) Trading Down 9.4%

Mila Resources Plc (LON:MILAGet Free Report)’s share price fell 9.4% during trading on Wednesday . The stock traded as low as GBX 0.52 ($0.01) and last traded at GBX 0.52 ($0.01). 1,024,000 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 2,076,857 shares. The stock had previously closed at GBX 0.58 ($0.01).

Mila Resources Price Performance

The firm has a 50-day moving average of GBX 0.64 and a 200-day moving average of GBX 0.67. The stock has a market cap of £2.82 million, a PE ratio of 100.00 and a beta of 0.27. 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 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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