Mila Resources (LON:MILA) Stock Price Up 39.4% – Here’s Why

Mila Resources Plc (LON:MILAGet Free Report) was up 39.4% during trading on Friday . The stock traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.24 ($0.00). Approximately 25,647,869 shares changed hands during trading, a decline of 19% from the average daily volume of 31,667,545 shares. The stock had previously closed at GBX 0.18 ($0.00).

Mila Resources Stock Up 42.9 %

The company has a market cap of £1.35 million, a price-to-earnings ratio of 100.00 and a beta of 0.26. 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 stock’s fifty day moving average is GBX 0.39 and its two-hundred day moving average is GBX 0.48.

Mila Resources (LON:MILAGet Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported GBX (0.15) ($0.00) earnings per share (EPS) for the quarter.

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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