Mila Resources (LON:MILA – Get Free Report) announced its earnings results on Wednesday. The company reported GBX (0.04) earnings per share (EPS) for the quarter, Digital Look Earnings reports.
Mila Resources Stock Performance
Shares of MILA traded up GBX 0.03 during mid-day trading on Wednesday, reaching GBX 1.05. 2,803,215 shares of the company were exchanged, compared to its average volume of 10,803,157. The business has a 50 day simple moving average of GBX 1.61 and a two-hundred day simple moving average of GBX 1.55. The stock has a market capitalization of £7.11 million, a PE ratio of -7.00 and a beta of 0.26. Mila Resources has a 52 week low of GBX 0.18 and a 52 week high of GBX 2.80.
About Mila Resources
The Yarrol Project, the Company’s flagship asset located in Queenslan’s South-east Goldfields, comprises a 20km mineralised corridor with demonstrated potential for both gold and copper, with exploration campaigns currently underway to expand and define this high-priority target with mineralisation present along its strike.
Mila’s other prominent project, the Kathleen Valley Gold Project, is situated on the world-renowned Norseman-Wiluna Orogenic Belt, and is a multi-mineral endowed project providing Mila with exposure to both gold, copper, and additional lithium -bearing systems identified in the surround region.
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