Mila Resources (LON:MILA) Sets New 1-Year Low – Should You Sell?

Mila Resources Plc (LON:MILAGet Free Report) shares hit a new 52-week low during trading on Friday . The company traded as low as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00), with a volume of 6390266 shares traded. The stock had previously closed at GBX 0.33 ($0.00).

Mila Resources Price Performance

The company has a current ratio of 7.85, a quick ratio of 5.20 and a debt-to-equity ratio of 0.71. The company has a market cap of £1.63 million, a PE ratio of 100.00 and a beta of 0.26. The firm has a 50 day moving average of GBX 0.52 and a two-hundred day moving average of GBX 0.53.

About Mila Resources

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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.

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