Insider Buying: Mila Resources (LON:MILA) Insider Buys 4,347,826 Shares

Mila Resources Plc (LON:MILA) insider Mark Stephenson purchased 4,347,826 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was acquired at an average cost of GBX 4 per share, for a total transaction of £173,913.04.

Mark Stephenson also recently made the following trade(s):

• On Thursday, June 25th, Mark Stephenson purchased 6,521,739 shares of Mila Resources stock. The shares were acquired at an average price of GBX 2 per share, for a total transaction of £130,434.78.

Mila Resources Stock Performance

Shares of MILA stock traded up GBX 0.03 during trading hours on Friday, hitting GBX 1.10. 3,231,573 shares of the company were exchanged, compared to its average volume of 9,146,383. The company has a 50 day simple moving average of GBX 1.42 and a two-hundred day simple moving average of GBX 1.42. The firm has a market cap of £8.11 million, a P/E ratio of -9.17 and a beta of 0.26. Mila Resources Plc has a fifty-two week low of GBX 0.41 and a fifty-two week high of GBX 2.80.

About Mila Resources

Mila Resources (LSE: MILA) is an exploration company focused on advancing high-potential gold and copper mining projects across proven mining regions.
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.