Share Name Share Symbol Market Type Share ISIN Share Description
Mila Resources Plc LSE:MILA London Ordinary Share GB00BD4FCK53 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -0.25 -5.95% 3.95 6,255,601 16:26:55
Bid Price Offer Price High Price Low Price Open Price
3.80 4.10 4.10 3.75 4.10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -0.38 -1.65 12
Last Trade Time Trade Type Trade Size Trade Price Currency
16:26:38 O 791,960 3.9849 GBX

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Date Time Title Posts
26/6/202222:30MILA RESOURCES PLC1,486
27/5/202220:37Mila Resources - Main Market Investment Shell428
25/4/202214:03Mila Resources exploration accelerator 2022 and beyond2
25/4/202214:00MILA in the dog house32

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Mila Resources Daily Update: Mila Resources Plc is listed in the Mining sector of the London Stock Exchange with ticker MILA. The last closing price for Mila Resources was 4.20p.
Mila Resources Plc has a 4 week average price of 3.75p and a 12 week average price of 2.60p.
The 1 year high share price is 6.70p while the 1 year low share price is currently 2p.
There are currently 306,551,057 shares in issue and the average daily traded volume is 3,205,007 shares. The market capitalisation of Mila Resources Plc is £12,108,766.75.
papillon: That "tiny gap" @ 2.9p, Finctastic, doesn't show on the advfn charts. Also that "trend line from Feb/March" is very tenuous. Basically, since MILA only relisted around 7-8 months ago after such a long suspension, there's not much of a chart to go on. "The trend is your friend, but trends don't last forever" and in the case of MILA any long term trend line drawn is rather arbitrary! Anyway the direction of the MILA share price is entirely dependent on news; whether it's news issued by the company, or by general economic news that affects investor sentiment. It doesn't help that there are still so many shares in circulation where the investors are still showing large paper profits.
papillon: free stock charts from Linear 6 month MILA candlestick chart showing downtrend. I've ditched horneblowere's Log chart as it's lower trendline has already been broken to the downside! Hopefully this Linear chart will prove accurate and the MILA share price bounces back up off the lower trendline! Am I clutching at straws? 😂 We need excellent assay results and soon ffs! 🤣
papillon: Have a look back at horneblower's MILA log chart (Post 1377) and you will see that the MILA share price has followed his predicted pathway. It's now finding support, at circa 4p, from that lower trend line (at B) and hopefully we should soon see the bounce up as predicted by the arrow on the chart. I would expect the assay results to provide that boost to the share price PS obviously if the assay results don't please the market then the downwards pointing arrow on Horneblower's chart comes into play. Doesn't bear thinking about! 🤣
papillon: free stock charts from Well I hope it doesn't go back down to it's rising 200 day EMA. Shares often do. If it does drop that low I'll be tempted to add to my small 100k shareholding. I should have realised the MILA share price could be in for a consolidation period when it failed to make a new high this month.
papillon: Many thanks for the update on yesterday's meeting, Jfreshfield. We're there many there? Excellent grades and a surging gold price (🤞) would be the catalyst for the MILA share price to go ballistic! Let's hope we get both.
papillon: I've had a top up. Gold is stronger today. The MILA share price is inextricably linked to the price of gold. Unfortunately we're in a bear market and in a bear market the good go down with the bad.
papillon: Why are you so upset, Gooner1886? There were 2 very large sells that dropped both the bid and offer price. Assuming the sellers don't "know" anything and there is an excellent RNS issued soon and the MILA share price then spikes up they will have made a mistake in selling and you will have lost nothing, apart from not buying more at this lower offer price. Of course if the next results RNS is disappointing then I will have made a mistake in continuing to hold and those sellers today will have been proved correct.
papillon: free stock charts from Actually, Finctastic, the gold price was very strong during February and rose throughout the month due to the pending Russian invasion of Ukraine, as the above gold price chart shows. However the gold price spiked up then fell back later the same day, 3 trading days before the end of March. That was the same day that the MILA share price broke out above the upper BB before subsequently falling back so you are probably correct, Finctastic.
papillon: free stock charts from Well it's definitely not me selling 3 x 300k because I only hold 100k shares! I'm not the guilty party! 😁 Fortunately I bought my first MILA shares back in March when it was below 3p. As I suggested earlier I expect the MILA share price to go sideways until the next RNS. It wouldn't surprise me if it goes sideways between 5p and 6p prior to the next RNS.
the count of monte_cristo: BGL mine fly through hTTps:// We have discussed the subject on here of Bellevue (BGL) potentially one day acquiring MILA, however what we haven't yet discussed is this... What would happen if Bellevue were to be the one acquired and how would this impact Mila? The shareholding structure of BGL is certainly open for a major to come in and acquire the company, with Blackrock being the largest holder at 17%. Multiple suitors would potentially be interested in BGL. hTTps:// Any takeover offer for BGL would almost certainly propel the Mila share price, as the association and logical next steps, would then be for Mila to be acquired as part of the consolidation of the area. Indeed, BGL make note of the recent M & A of the worlds high grade gold projects in the recent presentation, specially note the text in RED below. During these downturns in the gold price and the recent sell off, opportunities get created, a few weeks ago BGL had a market cap of 1 billion Aussie $ now it's down to 840m A$.
Mila Resources share price data is direct from the London Stock Exchange
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