Mila Resources (LON:MILA) Stock Price Up 12.4% – Here’s Why

Mila Resources Plc (LON:MILAGet Free Report) traded up 12.4% on Thursday . The stock traded as high as GBX 0.59 ($0.01) and last traded at GBX 0.59 ($0.01). 5,347,521 shares changed hands during mid-day trading, an increase of 165% from the average session volume of 2,015,629 shares. The stock had previously closed at GBX 0.53 ($0.01).

Mila Resources Trading Up 12.4 %

The company has a debt-to-equity ratio of 0.71, a quick ratio of 5.20 and a current ratio of 7.85. The firm has a market cap of £3.20 million, a P/E ratio of 100.00 and a beta of 0.26. The firm has a 50 day simple moving average of GBX 0.52 and a 200 day simple moving average of GBX 0.57.

About Mila Resources

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Mila Resources Plc engages in exploration and development of mineral resource properties. The holds 30% interest in the Kathleen Valley gold project that consists of 7.25 square kilometers located in Western Australia. Mila Resources Plc was incorporated in 2015 and is based in London, the United Kingdom.

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