Mila Resources (LON:MILA) Trading 19.8% Higher

Shares of Mila Resources Plc (LON:MILAGet Free Report) were up 19.8% on Wednesday . The stock traded as high as GBX 0.63 ($0.01) and last traded at GBX 0.63 ($0.01). Approximately 2,535,636 shares were traded during trading, an increase of 26% from the average daily volume of 2,005,854 shares. The stock had previously closed at GBX 0.53 ($0.01).

Mila Resources Price Performance

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 company has a market cap of £3.41 million, a P/E ratio of 100.00 and a beta of 0.27. The firm has a 50 day moving average price of GBX 0.62 and a two-hundred day moving average price of GBX 0.64.

Mila Resources Company Profile

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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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