Mila Resources (LON:MILA) Trading Down 11.1% – Time to Sell?

Mila Resources Plc (LON:MILAGet Free Report) shares traded down 11.1% during trading on Tuesday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). 135,811 shares changed hands during trading, a decline of 99% from the average session volume of 21,560,646 shares. The stock had previously closed at GBX 0.23 ($0.00).

Mila Resources Price Performance

The stock has a 50-day moving average price of GBX 0.32 and a two-hundred day moving average price of GBX 0.45. The company has a current ratio of 7.85, a quick ratio of 5.20 and a debt-to-equity ratio of 0.71. The stock has a market cap of £1.11 million, a price-to-earnings ratio of 100.00 and a beta of 0.26.

Mila Resources Company Profile

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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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