Ord Minnett analyst Paul Kaner maintained a Buy rating on Silver Lake Resources Limited (SVLKF – Research Report) today and set a price target of A$1.95. The company’s shares closed last Friday at $0.77.
According to TipRanks, Kaner is a 3-star analyst with an average return of 1.8% and a 43.48% success rate. Kaner covers the Basic Materials sector, focusing on stocks such as Ramelius Resources Limited, Northern Star Resources Ltd, and Evolution Mining Limited.
Currently, the analyst consensus on Silver Lake Resources Limited is a Strong Buy with an average price target of $1.03.
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SVLKF market cap is currently $735.8M and has a P/E ratio of 34.89.
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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.
