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New Buy Entry Alert SLR
Time Frame : Daily/Weekly
Sector : Materials/Basic Materials
Key Stats : $666.81 Million Market Cap, VWAP 0.80, ASX Ranking 298, 4 Week Av Turnover $2,492,962, Current Turnover (Intraday as at time of alert) $110,146.
Company Overview : Silver Lake Resources Limited (SLR) is a gold producing and exploration company with resources in the prospective regions in Western Australia. SLR currently focusses on its flagship project – Mount Monger Operation.
Broker Consensus : BUY
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SLR – Silver Lake Resources Limited
SLR is holding higher levels as buyers support price and build for a run up through the recent highs at 0.88. With Gold on the move up, we are happy to buy on a push up through 0.85 and will hold a stop loss at 0.74. If price pushes down through 0.74 prior to entry, then happy to cancel the alert and re-assess the action.
Stock Code : SLR – Silver Lake Resources Limited
Company Website : www.silverlakeresources.com.au
Current Price : 0.815
New Potential Buy Entry (Trigger Level) : 0.85
Potential Sell Exit Zone (Stop Loss) : 0.74
Status : On watch for buy entry trigger
