Silver Lake Resources Limited (OTCMKTS:SVLKF) Short interest down 23.2% in April

Silver Lake Resources Limited (OTCMKTS: SVLKFGet a rating) saw a significant decline in short-term interest in April. As of April 30, there was short interest totaling 60,100 shares, down 23.2% from the total of 78,300 shares as of April 15. Based on an average daily trading volume of 18,000 shares, the short interest ratio is currently 3.3 days.

Shares of Silver Lake Resources Stock opened at $1.02 on Monday. The company has a 50-day simple moving average of $1.46 and a two-hundred-day simple moving average of $1.31. Silver Lake Resources has a fifty-two week low of $0.88 and a fifty-two week high of $1.68.

Silver Lake Resources Company Profile (Get a rating)

Silver Lake Resources Limited, together with its subsidiaries, is engaged in the exploration, mine development, mining and sale of gold and copper concentrates in the Eastern Goldfields and Midwest regions of Western Australia. The Company holds interests in the Deflector Gold Copper Project which produces gold bullion and gold-copper concentrates located in the Southern Murchison region of Western Australia, including the development and ramp-up of a secondary source of high-grade ore at Rothsay; and the Mount Monger operations, which produce gold bullion located in the Kalgoorlie Terrane Subdivision of the Eastern Goldfields Province.

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