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Mila Resources ( (GB:MILA) ) has issued an announcement.
Mila Resources Plc has appointed Alastair Goodship as the new Chief Operating Officer and Executive Director. With over 15 years of global industry experience, Goodship’s appointment comes at a crucial time as the company enters a busy phase with Phase 2 drilling underway and aims to deliver a maiden resource by early 2026. His expertise in developing exploration projects is expected to enhance the company’s operational efficiency and project development.
Spark’s Take on GB:MILA Stock
According to Spark, TipRanks’ AI Analyst, GB:MILA is a Neutral.
Mila Resources faces significant financial challenges with ongoing losses and cash burn. However, recent strategic initiatives in drilling and exploration at their Yarrol Gold Project present potential upside. Technical indicators suggest positive short-term momentum, but valuation remains a concern with negative earnings and no dividend.
To see Spark’s full report on GB:MILA stock, click here.
More about Mila Resources
Mila Resources Plc is a natural resources company focused on gold exploration. It operates as a post-discovery gold exploration accelerator with a portfolio of interests in Queensland, Australia, including projects like Yarrol, Mt Steadman, and Monal.
Average Trading Volume: 14,476,102
Technical Sentiment Signal: Buy
Current Market Cap: £5.06M
See more data about MILA stock on TipRanks’ Stock Analysis page.