Mila Resources (LON:MILA) Stock Price Down 5.3% – Here’s Why

Mila Resources Plc (LON:MILA)’s share price fell 5.3% during mid-day trading on Friday . The stock traded as low as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). 1,725,000 shares traded hands during trading, a decline of 86% from the average session volume of 12,727,945 shares. The stock had previously closed at GBX 0.27 ($0.00).

Mila Resources Trading Down 6.4 %

The company has a market capitalization of £1.34 million, a P/E ratio of -3.68 and a beta of 0.26. The business has a 50 day moving average price of GBX 0.24 and a 200 day moving average price of GBX 0.39.

Mila Resources (LON:MILA) last released its quarterly earnings results on Tuesday, March 18th. The company reported GBX (0.07) ($0.00) EPS for the quarter.

Mila Resources Company Profile

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.