Mila Resources (LON:MILA) Shares Down 10.4% – Here’s What Happened

Mila Resources Plc (LON:MILAGet Free Report)’s stock price fell 10.4% on Wednesday . The company traded as low as GBX 0.23 ($0.00) and last traded at GBX 0.23 ($0.00). 565,970 shares were traded during mid-day trading, a decline of 98% from the average session volume of 27,665,223 shares. The stock had previously closed at GBX 0.26 ($0.00).

Mila Resources Trading Up 15.4 %

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 business’s 50-day moving average is GBX 0.37 and its two-hundred day moving average is GBX 0.47. The stock has a market capitalization of £1.63 million, a PE ratio of 100.00 and a beta of 0.26.

Mila Resources (LON:MILAGet Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported GBX (0.15) ($0.00) earnings per share (EPS) for the quarter.

About Mila Resources

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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.

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