Mila Resources (LON:MILA) Releases Earnings Results

Mila Resources (LON:MILA) issued its quarterly earnings results on Wednesday. The company reported GBX (0.97) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Mila Resources Trading Down 4.0%

Shares of MILA opened at GBX 1.04 on Thursday. Mila Resources has a 12 month low of GBX 0.85 and a 12 month high of GBX 2.80. The firm’s fifty day simple moving average is GBX 1.27 and its two-hundred day simple moving average is GBX 1.26. The stock has a market capitalization of £9.01 million, a P/E ratio of -8.71 and a beta of 0.30.

Mila Resources Company Profile

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.