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Macquarie Believes Silver Lake Resources Limited (SVLKF) Won’t Stop Here

According to TipRanks.com, Bowler is a 3-star analyst with an average return of 12.5% and a 68.8% success rate. Bowler covers the Basic Materials sector, focusing on stocks such as West African Resources Ltd, Ramelius Resources Limited, and Gold Road Resources Ltd.

Currently, the analyst consensus on Silver Lake Resources Limited is a Moderate Buy with an average price target of $1.59, implying a 6.7% upside from current levels. In a report issued on March 4, RBC Capital also maintained a Buy rating on the stock with a price target.

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The company has a one-year high of $1.57 and a one-year low of $0.88. Currently, Silver Lake Resources Limited has an average volume of 5,370.

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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.

Read More on SVLKF:

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