Mila Resources Plc (LON:MILA – Get Free Report)’s stock price fell 4.9% on Tuesday . The stock traded as low as GBX 1.62 and last traded at GBX 1.76. 4,809,623 shares were traded during trading, a decline of 6% from the average session volume of 5,131,842 shares. The stock had previously closed at GBX 1.85.
Mila Resources Stock Performance
The company has a 50-day simple moving average of GBX 2 and a 200 day simple moving average of GBX 1.42. The company has a market capitalization of £11.93 million, a P/E ratio of -11.73 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.
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