Mila Resources (LON:MILA) Posts Earnings Results

Mila Resources (LON:MILA) issued its earnings results on Wednesday. The company reported GBX (0.04) EPS for the quarter, Digital Look Earnings reports.

Mila Resources Stock Up 4.9%

LON:MILA opened at GBX 1.05 on Friday. The firm has a market cap of £7.11 million, a PE ratio of -6.99 and a beta of 0.26. Mila Resources has a 12 month low of GBX 0.18 and a 12 month high of GBX 2.80. The company’s 50-day moving average price is GBX 1.57 and its two-hundred day moving average price is GBX 1.54.

About Mila Resources

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.