share_log
Hi,
moomoo ID:0
Log Out
English
Back
  • English
  • 中文繁体
  • 中文简体

Short Interest in Silver Lake Resources Limited (OTCMKTS:SVLKF) Decreases By 49.9%

Financial News Live ·  08/12 07:41

Silver Lake Resources Limited (OTCMKTS:SVLKF – Get Rating) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 120,600 shares, a decrease of 49.9% from the July 15th total of 240,900 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is presently 27.4 days.

Silver Lake Resources Price Performance

OTCMKTS SVLKF remained flat at $1.05 on Thursday. 50 shares of the company traded hands, compared to its average volume of 9,136. Silver Lake Resources has a fifty-two week low of $0.85 and a fifty-two week high of $1.68. The stock's 50 day moving average is $0.97 and its two-hundred day moving average is $1.20.

Get Silver Lake Resources alerts:

Analyst Ratings Changes

Separately, Macquarie upgraded shares of Silver Lake Resources to a "buy" rating and set a $2.10 price objective for the company in a research 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.

Recommended Stories

  • Get a free copy of the StockNews.com research report on Silver Lake Resources (SVLKF)
  • Why Invest in High-Yield Dividend Stocks?
  • Disney (NYSE: DIS) Shares Just Gave Investors A Massive Signal
  • Find and Profitably Trade Stocks at 52-Week Lows
  • Solar Stocks Shine Brightly After Passage Of Clean Energy Bill
  • 3 Stable Growth Stocks for Bumpy Times

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 MarketBeat.com'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 https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.