Mila Resources Plc (LON:MILA – Get Free Report) shares rose 14.8% during trading on Tuesday. The stock traded as high as GBX 1.32 and last traded at GBX 1.32. Approximately 7,989,579 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 7,134,465 shares. The stock had previously closed at GBX 1.15.
Mila Resources Trading Down 3.2%
The firm has a market capitalization of £8.65 million, a P/E ratio of -9.68 and a beta of 0.30. The firm has a 50 day moving average price of GBX 1.25 and a 200-day moving average price of GBX 1.24.
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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