Mila Resources Plc (LON:MILA – Get Free Report)’s stock price fell 7.7% on Monday. The company traded as low as GBX 1.12 and last traded at GBX 1.20. 3,005,414 shares traded hands during trading, a decline of 57% from the average daily volume of 6,924,637 shares. The stock had previously closed at GBX 1.30.
Mila Resources Stock Down 2.2%
The stock has a market cap of £9.70 million, a price-to-earnings ratio of -9.38 and a beta of 0.30. The firm’s 50 day moving average is GBX 1.26 and its two-hundred day moving average is GBX 1.25.
Mila Resources Company Profile
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.
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