RBC Capital analyst Alex Barkley maintained a Buy rating on Silver Lake Resources Limited (SVLKF – Research Report) on September 27 and set a price target of A$1.40. The company’s shares closed last Thursday at $0.54.
Barkley covers the Basic Materials sector, focusing on stocks such as Silver Lake Resources Limited, Regis Resources Limited, and Northern Star Resources Ltd. According to TipRanks, Barkley has an average return of -2.7% and a 39.71% success rate on recommended stocks.
Currently, the analyst consensus on Silver Lake Resources Limited is a Strong Buy with an average price target of $1.04.
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The company has a one-year high of $1.06 and a one-year low of $0.54. Currently, Silver Lake Resources Limited has an average volume of 9,368.
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Silver Lake Resources Limited (SVLKF) Company Description:
Silver Lake Resources Ltd is a gold producing and exploration company with resources in the prospective regions including Mount Monger and the Murchison goldfields of Western Australia.
