Mila Resources Plc (LON:MILA – Get Free Report) rose 23.4% on Tuesday . The stock traded as high as GBX 1.98 ($0.03) and last traded at GBX 1.91 ($0.03). Approximately 39,034,836 shares were traded during trading, an increase of 171% from the average daily volume of 14,412,432 shares. The stock had previously closed at GBX 1.55 ($0.02).
Mila Resources Trading Up 12.8%
The firm has a market cap of £14.00 million, a price-to-earnings ratio of -16.49 and a beta of 0.26. The firm has a 50-day moving average of GBX 0.96 and a two-hundred day moving average of GBX 0.67.
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.
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