Silver Lake Resource – Finding Support

Silver Lake Resources is under Algo Engin buy conditions and we now add the name to our watch list.

Silver Lake is a gold producer with its cornerstone asset the Mount Monger Gold Camp, located in Kalgoorlie, Western Australia. The Mount Monger Camp produced ~158,000 ounces in FY18 and has a proven history of Reserve replacement and discovery.

The chart below shows SLR finding support at $0.90 and the short-term indicators are turning higher.