Buyers start the march higher as Aussie Gold continues to rally

SLR has triggered the Buy Entry Level at 0.85 so the alert is now active. The Stop Loss is held at 0.74 and the current market is trading at 0.85.

Alert History

Original Alert 31/05/19

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

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