Mila Resources (LON:MILA) Trading Down 11.1% – Here’s Why

Mila Resources Plc (LON:MILA) shares traded down 11.1% 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 traded 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 firm has a market cap of £1.11 million, a PE ratio of 100.00 and a beta of 0.26. The stock has a 50 day simple moving average of GBX 0.32 and a two-hundred day simple moving average of GBX 0.45. The company has a debt-to-equity ratio of 0.71, a quick ratio of 5.20 and a current ratio of 7.85.

Mila Resources Company Profile

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.