Mila Resources Plc (LON:MILA – Get Free Report)’s stock price dropped 4.3% on Thursday . The company traded as low as GBX 1.03 and last traded at GBX 1.10. Approximately 2,235,515 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 9,184,838 shares. The stock had previously closed at GBX 1.15.
Mila Resources Stock Performance
The company has a market cap of £8.11 million, a P/E ratio of -9.17 and a beta of 0.26. The firm has a 50 day moving average price of GBX 1.42 and a 200-day moving average price of GBX 1.42.
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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