moomoo ID:0
Log Out
  • English
  • 中文繁体
  • 中文简体

Silver Lake Resources Limited (OTCMKTS:SVLKF) Sees Large Increase in Short Interest

Financial News Live ·  07/05 15:51

Silver Lake Resources Limited (OTCMKTS:SVLKF – Get Rating) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 273,000 shares, a growth of 35.2% from the May 31st total of 201,900 shares. Based on an average daily volume of 13,800 shares, the short-interest ratio is currently 19.8 days.

Shares of OTCMKTS SVLKF opened at $0.85 on Tuesday. The firm's fifty day moving average is $1.07 and its two-hundred day moving average is $1.26. Silver Lake Resources has a 52-week low of $0.85 and a 52-week high of $1.68.

Get Silver Lake Resources alerts:

Separately, Macquarie upgraded shares of Silver Lake Resources to a "buy" rating and set a $2.10 price target on the stock in a report on Thursday, June 2nd.

About Silver Lake Resources (Get Rating)

Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and copper concentrates in Eastern Goldfields and Midwest regions of Western Australia. The company holds interests in the Deflector Gold Copper project that produces gold bullion and gold-copper concentrates located in the Southern Murchison region of Western Australia, including development and ramp up of a secondary high grade ore source at Rothsay; and Mount Monger operations, which produce gold bullion located within the Kalgoorlie terrane subdivision of the Eastern Goldfields Province.

Featured Stories

  • Get a free copy of the research report on Silver Lake Resources (SVLKF)
  • 5 Reasons to Climb Aboard Carnival Stock
  • Three (3) Top-Rated Dividend Payers Worth Your Attention
  • MarketBeat Podcast: Is The Market Near a Bottom, Does it Matter?
  • Institutional Support For KB Home Remains High
  • Using MarketBeat Market Data Tools To Find Strong Stocks in a Bear Market

Receive News & Ratings for Silver Lake Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Lake Resources and related companies with's FREE daily email newsletter.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites and Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.