Mila Resources PLC (GB:MILA)
LSE:MILA
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Mila Resources
(LSE:MILA)
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Rating:42Neutral
Price Target:
0.86 p
▼(-55.69% Downside)
Action:ReiteratedDate:02/04/26
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.
Positive Factors
Balance Sheet Strength
A meaningful equity cushion and zero reported debt lower solvency risk and provide financial flexibility. For an exploration-stage miner this equity base extends runway, supports continued drilling/field work, and improves bargaining power in JV or farm-out negotiations.
Negative Factors
Pre-revenue & Cash Burn
The company generates no operating revenue and consumes cash consistently, so its progress depends on external financing. Persistent negative earnings and cash flow increase dilution risk, constrain multi-year project programs, and make continued advancement contingent on successful capital raises.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
A meaningful equity cushion and zero reported debt lower solvency risk and provide financial flexibility. For an exploration-stage miner this equity base extends runway, supports continued drilling/field work, and improves bargaining power in JV or farm-out negotiations.
Read all positive factors
Mila Resources (MILA) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£7.28M
Dividend YieldN/A
Average Volume (3M)16.44M
Price to Earnings (P/E)―
Beta (1Y)0.11
Revenue GrowthN/A
EPS Growth6.25%
CountryUK
Employees4
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.00
Shares Outstanding677,560,900
10 Day Avg. Volume9,800,699
30 Day Avg. Volume16,439,215
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.70
Price to Sales (P/S)0.00
P/FCF Ratio-6.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mila Resources Business Overview & Revenue Model
Company Description
Mila Resources Plc engages in acquisition, development, and exploration of mineral resources. It holds 30% interest in the Kathleen Valley gold project located in Western Australia. The company was incorporated in 2015 and is based in Burgess Hill...
How the Company Makes Money
Mila Resources is an exploration-stage mining company, which typically does not generate recurring operating revenue from the sale of products or services while its projects are in the exploration and evaluation phase. As a result, information on ...
Mila Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
27
Negative
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -678.75K | -800.43K | -686.28K | -549.49K | -1.01M | -382.39K |
| Net Income | -678.75K | -800.43K | -686.28K | -549.49K | -1.01M | -382.39K |
Balance Sheet | ||||||
| Total Assets | 7.34M | 6.64M | 7.21M | 6.19M | 353.81K | 295.87K |
| Cash, Cash Equivalents and Short-Term Investments | 636.90K | 350.30K | 1.42M | 448.06K | 329.63K | 186.32K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 348.69K | 348.69K |
| Total Liabilities | 116.74K | 232.14K | 259.28K | 312.94K | 527.00K | 86.67K |
| Stockholders Equity | 7.22M | 6.41M | 6.95M | 5.88M | 5.61M | 209.20K |
Cash Flow | ||||||
| Free Cash Flow | -622.88K | -685.05K | -792.00K | -1.47M | -1.89K | -157.36K |
| Operating Cash Flow | -622.88K | -685.05K | -775.43K | -560.20K | -478.00 | -157.36K |
| Investing Cash Flow | -742.75K | -382.36K | -16.56K | -907.25K | -2.04K | -85.00K |
| Financing Cash Flow | 1.05M | 0.00 | 1.76M | 819.42K | 3.29K | 340.00K |
Mila Resources Technical Analysis
Neutral
1.95
Price Trends
1.16
Negative
1.56
Negative
1.28
Negative
Market Momentum
-0.05
Negative
48.90
Neutral
35.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MILA, the sentiment is Neutral. The current price of 1.95 is above the 20-day moving average (MA) of 1.05, above the 50-day MA of 1.16, and above the 200-day MA of 1.28, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 48.90 is Neutral, neither overbought nor oversold. The STOCH value of 35.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:MILA.
Mila Resources Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | £17.68M | ― | 16.48% | ― | -79.36% | 78.16% | |
48 Neutral | £8.85M | -1.02 | -1.72% | ― | ― | ― | |
45 Neutral | £18.54M | -4.39 | -22.43% | ― | ― | ― | |
43 Neutral | £8.13M | -0.76 | -14.62% | ― | -9.22% | -386.93% | |
42 Neutral | £7.28M | -15.13 | -11.98% | ― | ― | 6.25% |
* Financial Sector Average
GB:MILA
Mila Resources
1.08
0.86
388.64%
GB:FIPP
Frontier IP
10.75
-10.25
-48.81%
GB:MAFL
Mineral & Financial Investments
45.50
23.00
102.22%
GB:CGO
Contango Holdings Plc
0.93
-0.02
-2.63%
GB:PNIX
NFT Investments PLC
2.15
-1.30
-37.68%
GB:EGT
European Green Transition Plc
6.88
-0.63
-8.33%
Mila Resources Corporate Events
Business Operations and Strategy
Mila Resources Pushes Ahead With Yarrol Drilling and Expands Queensland Exploration Pipeline
Positive
Mar 19, 2026
Mila Resources has advanced drilling at its Yarrol Gold Project in Queensland, with diamond drilling confirming the gold-bearing system extends to about 300 metres depth and reverse circulation drilling now halfway through a 1,600-metre programme....
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and Financing
Mila Resources Secures Full Control of Queensland Assets as Drilling Confirms Gold Potential
Positive
Mar 4, 2026
Mila Resources reported an intensive half-year of exploration activity to 31 December 2025, highlighted by securing 100% ownership of the Yarrol, Mount Steadman and Monal licences and ramping up work across its Queensland Gold and Copper Portfolio...
Business Operations and Strategy
Mila Resources Kicks Off Yarrol Drilling and Accelerates Queensland Exploration Push
Positive
Feb 26, 2026
Mila Resources has begun a 1,600-metre reverse circulation drilling campaign at its Yarrol Gold Project in Queensland, stepping out from the historic resource to test shallow gold mineralisation along the Yarrol Fault and satellite targets like St...
Business Operations and Strategy
Mila Resources Refines Yarrol Gold Strategy After Diamond Drilling Confirms System Continuity
Positive
Feb 3, 2026
Mila Resources has reported results from its maiden diamond drilling programme at the Yarrol Gold Project in Queensland, which confirm the continuity of gold-bearing structures from surface to around 300 metres depth and validate the scale of the ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.