Short Interest in Silver Lake Resources Limited (OTCMKTS:SVLKF) Grows By 26.2%

Silver Lake Resources Limited (OTCMKTS:SVLKFGet Free Report) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,934,800 shares, an increase of 26.2% from the February 29th total of 1,533,000 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is presently 420.6 days.

Silver Lake Resources Price Performance

SVLKF opened at $0.85 on Friday. Silver Lake Resources has a 12-month low of $0.51 and a 12-month high of $0.91. The business’s fifty day simple moving average is $0.74 and its 200-day simple moving average is $0.70.

About Silver Lake Resources

(Get Free Report)

Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and copper concentrates in Australia and Canada. The company holds interest in the Deflector operations that produce gold bullion and gold-copper concentrates located in the Southern Murchison region of Western Australia; and Mount Monger operations, which produce gold bullion located within the Kalgoorlie terrane subdivision of the Eastern Goldfields Province.

See Also

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.