Mila Resources (LON:MILA) Stock Price Down 18% – What’s Next?

Mila Resources Plc (LON:MILAGet Free Report) shares dropped 18% during mid-day trading on Friday . The company traded as low as GBX 0.41 ($0.01) and last traded at GBX 0.41 ($0.01). Approximately 1,688,041 shares changed hands during trading, a decline of 22% from the average daily volume of 2,171,616 shares. The stock had previously closed at GBX 0.50 ($0.01).

Mila Resources Trading Down 30.0 %

The stock has a market capitalization of £1.90 million, a P/E ratio of 100.00 and a beta of 0.26. The stock’s fifty day moving average price is GBX 0.54 and its 200 day moving average price is GBX 0.54. The company has a debt-to-equity ratio of 0.71, a current ratio of 7.85 and a quick ratio of 5.20.

About Mila Resources

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Mila Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mila Resources and related companies with MarketBeat.com's FREE daily email newsletter.