Mila Resources (LON:MILA) Stock Price Up 10.8% – Here’s What Happened

Shares of Mila Resources Plc (LON:MILAGet Free Report) were up 10.8% during mid-day trading on Thursday . The company traded as high as GBX 0.36 ($0.00) and last traded at GBX 0.36 ($0.00). Approximately 1,414,732 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 62,309,809 shares. The stock had previously closed at GBX 0.33 ($0.00).

Mila Resources Stock Performance

The company’s 50 day simple moving average is GBX 0.45 and its 200 day simple moving average is GBX 0.50. 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 stock has a market cap of £2.05 million, a PE ratio of 100.00 and a beta of 0.26.

Mila Resources Company Profile

(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.

Further Reading

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.