Mila Resources PLC (GB:MILA)
LSE:MILA
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Mila Resources
(LSE:MILA)
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Rating:49Neutral
Price Target:
2.00 p
▲(2.56% Upside)
Action:Reiterated
Date:05/01/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and persistent negative free cash flow). Technicals are a partial offset with a strong trend above key moving averages, though momentum appears near overbought. Valuation is not supportive given negative earnings and no dividend yield.
Positive Factors
Clean balance sheet (no reported debt)
Zero reported debt and a meaningful equity base materially lower short-term default risk and give management flexibility to fund exploration or negotiate farm-outs. This durable financial buffer supports multi-stage drilling programs and partner negotiations without immediate solvency pressure.
Negative Factors
No revenue; recurring net losses
A sustained pre-revenue profile with recurring losses limits the company’s ability to demonstrate earning power and raises structural funding risk. Over the medium term this forces reliance on capital markets or partners, which can dilute shareholders and constrain strategic optionality.
Read all positive and negative factors
Positive Factors
Negative Factors
Clean balance sheet (no reported debt)
Zero reported debt and a meaningful equity base materially lower short-term default risk and give management flexibility to fund exploration or negotiate farm-outs. This durable financial buffer supports multi-stage drilling programs and partner negotiations without immediate solvency pressure.
Read all positive factors
Mila Resources (MILA) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£12.54M
Dividend YieldN/A
Average Volume (3M)16.44M
Price to Earnings (P/E)―
Beta (1Y)0.09
Revenue GrowthN/A
EPS Growth7.69%
CountryUK
Employees4
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)<0.01
Shares Outstanding737,560,900
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 does not typically generate recurring operating revenue in the way that product or service businesses do; as an exploration-stage mining company, its economic model is primarily value creation through exploration success and monetiz...
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
Positive
1.95
Price Trends
1.07
Positive
1.49
Negative
1.29
Negative
Market Momentum
-0.01
Negative
50.88
Neutral
44.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MILA, the sentiment is Positive. The current price of 1.95 is above the 20-day moving average (MA) of 1.02, above the 50-day MA of 1.07, and above the 200-day MA of 1.29, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 50.88 is Neutral, neither overbought nor oversold. The STOCH value of 44.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 | £19.23M | ― | 16.48% | ― | ― | 6.57% | |
49 Neutral | £12.54M | -15.13 | -11.98% | ― | ― | 7.69% | |
49 Neutral | £12.86M | -0.87 | -14.62% | ― | 7.43% | -51.54% | |
48 Neutral | £8.85M | -1.02 | -1.72% | ― | -229.71% | -102.63% | |
45 Neutral | £24.94M | -4.39 | -22.43% | ― | ― | 35.82% |
* Financial Sector Average
GB:MILA
Mila Resources
1.60
1.31
451.72%
GB:FIPP
Frontier IP
17.00
-5.00
-22.73%
GB:MAFL
Mineral & Financial Investments
49.50
25.00
102.04%
GB:CGO
Contango Holdings Plc
0.85
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-22.73%
GB:PNIX
NFT Investments PLC
2.15
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-57.43%
GB:EGT
European Green Transition Plc
9.50
2.10
28.38%
Mila Resources Corporate Events
Business Operations and Strategy
Mila Resources Hits Record High-Grade Gold at Yarrol as Drilling Extends Mineralisation
Positive
Apr 28, 2026
Mila Resources has reported further assay results from its Q1 2026 reverse circulation drilling campaign at the Yarrol Gold Project in Queensland, highlighting the highest-grade gold intercept to date of 112 grams per tonne over one metre. The lat...
Business Operations and Strategy
Mila Resources Unveils Updated Presentation on Queensland Exploration Plans
Positive
Apr 20, 2026
Mila Resources has released an updated corporate presentation outlining its exploration portfolio in Queensland, Australia, which is now available on the company’s website. The materials detail current work programmes at the Yarrol, Monal an...
Business Operations and StrategyPrivate Placements and Financing
Mila Resources Raises £600,000 to Accelerate Queensland Gold and Copper Exploration
Positive
Apr 16, 2026
Mila Resources has raised £600,000 from existing shareholders through a placing of 60 million new shares at 1 pence each, with attached warrants, to fund expanded work on its Queensland exploration portfolio. The capital injection underlines ...
Business Operations and Strategy
Mila Resources Extends Yarrol Gold Strike and Flags Porphyry Potential at Monal West
Positive
Apr 16, 2026
Mila Resources has reported initial reverse circulation drilling results from its Q1 2026 campaign at the Yarrol Gold Project in Queensland, confirming gold mineralisation at the southernmost positions drilled to date at Yarrol North and extending...
Business Operations and Strategy
Mila Resources Confirms Continuous Gold System at Yarrol as Drilling Advances Toward Resource
Positive
Apr 1, 2026
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....
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...
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.