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Mila Resources ( (GB:MILA) ) has shared an update.
Mila Resources has reported final diamond drilling assays from its Q4 2025 campaign at the Yarrol Gold Project in Queensland, confirming a laterally and vertically continuous gold system with broad mineralised zones and internal high-grade shoots. Multi-element geochemistry, particularly arsenic and tellurium associations, has clarified vectors to higher-grade cores and underpinned a coherent geological model stretching from surface to depth.
The company has also completed a 1,600m reverse circulation programme in Q1 2026, taking total drilling across its Queensland portfolio to nearly 5,000m as it progresses toward a maiden resource. Confirmation of continuity, scale and defined higher-grade shoots at Yarrol provides a stronger platform for systematic strike extension, resource delineation and broader portfolio development alongside its Mt Steadman and Monal projects.
The most recent analyst rating on (GB:MILA) stock is a Sell with a £0.86 price target. To see the full list of analyst forecasts on Mila Resources stock, see the GB:MILA Stock Forecast page.
Spark’s Take on MILA Stock
According to Spark, TipRanks’ AI Analyst, MILA is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and persistent negative free cash flow) and bearish technicals (below key moving averages with negative MACD). A low-debt balance sheet and equity base provide some stability, but valuation support is limited given the negative P/E and no dividend yield.
To see Spark’s full report on MILA stock, click here.
More about Mila Resources
Mila Resources is a London-listed natural resources company focused on post-discovery gold exploration in Queensland, Australia. The company is advancing a portfolio of projects including the Yarrol Gold Project, positioning itself as an exploration accelerator targeting scalable, high-value gold development assets.
Average Trading Volume: 8,930,877
Technical Sentiment Signal: Sell
Current Market Cap: £6.61M
For a thorough assessment of MILA stock, go to TipRanks’ Stock Analysis page.