Mila Resources (LON:MILA) Trading Up 22.6% – Should You Buy?

Shares of Mila Resources Plc (LON:MILAGet Free Report) were up 22.6% on Tuesday . The company traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.23 ($0.00). Approximately 14,101,322 shares traded hands during trading, an increase of 9% from the average daily volume of 12,917,597 shares. The stock had previously closed at GBX 0.19 ($0.00).

Mila Resources Trading Up 7.8 %

The firm’s 50-day simple moving average is GBX 0.24 and its two-hundred day simple moving average is GBX 0.40. The company has a market cap of £1.34 million, a PE ratio of -3.68 and a beta of 0.26.

Mila Resources (LON:MILAGet Free Report) last released its earnings results on Tuesday, March 18th. The company reported GBX (0.07) ($0.00) 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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