Mila Resources (LON:MILA) Stock Price Down 15.6% – Here’s Why

Mila Resources Plc (LON:MILAGet Free Report)’s share price was down 15.6% during mid-day trading on Wednesday . The company traded as low as GBX 0.19 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 4,450,000 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 13,457,610 shares. The stock had previously closed at GBX 0.23 ($0.00).

Mila Resources Stock Down 2.6 %

The business’s fifty day simple moving average is GBX 0.25 and its two-hundred day simple moving average is GBX 0.41. The company has a market cap of £1.03 million, a price-to-earnings ratio of -2.82 and a beta of 0.26.

About Mila Resources

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Mila Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mila Resources and related companies with MarketBeat.com's FREE daily email newsletter.