Blurbs

Ord Minnett Sticks to Their Buy Rating for Silver Lake Resources Limited (SVLKF)

In a report released today, Paul Kaner from Ord Minnett maintained a Buy rating on Silver Lake Resources Limited (SVLKFResearch Report), with a price target of A$2.10. The company’s shares closed yesterday at $0.88.

Kaner covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, AIC Mines Limited, and Ramelius Resources Limited. According to TipRanks, Kaner has an average return of -7.3% and a 36.00% success rate on recommended stocks.

Silver Lake Resources Limited has an analyst consensus of Strong Buy, with a price target consensus of $1.30, representing a 46.96% upside. In a report released today, Macquarie also maintained a Buy rating on the stock with a A$1.80 price target.

See Insiders’ Hot Stocks on TipRanks >>

SVLKF market cap is currently $863.1M and has a P/E ratio of 14.01.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
Videos

Latest News Feed