Mila Resources (LON:MILA) Posts Quarterly Earnings Results

Mila Resources (LON:MILA) announced its quarterly earnings data on Wednesday. The company reported GBX (0.04) earnings per share for the quarter, Digital Look Earnings reports.

Mila Resources Stock Down 7.3%

Shares of MILA opened at GBX 0.95 on Wednesday. Mila Resources has a 52-week low of GBX 0.18 and a 52-week high of GBX 2.80. The stock has a fifty day simple moving average of GBX 1.61 and a two-hundred day simple moving average of GBX 1.55. The company has a market capitalization of £6.44 million, a PE ratio of -6.33 and a beta of 0.26.

Mila Resources Company Profile

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.