Mila Resources (LON:MILA) Issues Quarterly Earnings Results

Mila Resources (LON:MILA) posted its earnings results on Wednesday. The company reported GBX (0.04) EPS for the quarter, Digital Look Earnings reports.

Mila Resources Trading Down 7.3%

MILA opened at GBX 0.95 on Wednesday. The stock’s 50-day moving average price is GBX 1.61 and its 200 day moving average price is GBX 1.55. Mila Resources has a 12-month low of GBX 0.18 and a 12-month high of GBX 2.80. The firm has a market cap of £6.44 million, a price-to-earnings ratio of -6.33 and a beta of 0.26.

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.