Mila Resources (LON:MILA) Sets New 52-Week Low at $0.40

Mila Resources Plc (LON:MILA) hit a new 52-week low on Wednesday . The stock traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01), with a volume of 1000000 shares changing hands. The stock had previously closed at GBX 0.43 ($0.01).

Mila Resources Trading Down 5.9 %

The business’s 50 day simple moving average is GBX 0.50 and its 200-day simple moving average is GBX 0.56. The company has a debt-to-equity ratio of 0.71, a current ratio of 7.85 and a quick ratio of 5.20. The stock has a market capitalization of £2.17 million, a P/E ratio of 100.00 and a beta of 0.27.

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.