Silver Lake Resources Limited (OTCMKTS:SVLKF) Short Interest Update

Silver Lake Resources Limited (OTCMKTS:SVLKF) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 2,031,600 shares, a growth of 25.3% from the May 15th total of 1,621,200 shares. Based on an average daily trading volume, of 12,600 shares, the short-interest ratio is currently 161.2 days.

Silver Lake Resources Stock Performance

Shares of OTCMKTS:SVLKF remained flat at $0.83 during trading on Friday. The firm has a fifty day simple moving average of $0.96 and a 200 day simple moving average of $0.83. Silver Lake Resources has a fifty-two week low of $0.51 and a fifty-two week high of $1.10.

About Silver Lake Resources

Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and copper concentrates in Australia and Canada. The company holds interest in the Deflector operations that produce gold bullion and gold-copper concentrates located in the Southern Murchison region of Western Australia; and Mount Monger operations, which produce gold bullion located within the Kalgoorlie terrane subdivision of the Eastern Goldfields Province.