Mila Resources (LON:MILA) Trading Up 3% – Time to Buy?

Mila Resources Plc (LON:MILAGet Free Report)’s share price rose 3% on Friday . The company traded as high as GBX 0.53 ($0.01) and last traded at GBX 0.52 ($0.01). Approximately 6,968,103 shares traded hands during mid-day trading, an increase of 221% from the average daily volume of 2,170,535 shares. The stock had previously closed at GBX 0.50 ($0.01).

Mila Resources Trading Up 3.0 %

The company’s fifty day moving average is GBX 0.53 and its 200-day moving average is GBX 0.56. The company has a current ratio of 7.85, a quick ratio of 5.20 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of £2.79 million, a P/E ratio of 100.00 and a beta of 0.26.

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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