Mila Resources Plc (LON:MILA – Get Free Report) fell 13% on Friday . The stock traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). 26,176,805 shares traded hands during mid-day trading, an increase of 92% from the average session volume of 13,650,009 shares. The stock had previously closed at GBX 0.58 ($0.01).
Mila Resources Stock Performance
The stock’s fifty day moving average price is GBX 0.66 and its 200-day moving average price is GBX 0.39. The company has a market capitalization of £2.81 million, a P/E ratio of -7.70 and a beta of 0.26.
Insider Activity at Mila Resources
In other Mila Resources news, insider Mark Stephenson bought 2,857,142 shares of the company’s stock in a transaction on Monday, July 7th. The shares were bought at an average cost of GBX 1 ($0.01) per share, with a total value of £28,571.42 ($38,350.90). Insiders own 21.48% of the company’s stock.
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.
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