Silverlake Resources (ASX: SLR)‘s stock had its “outperform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Friday. They currently have a $4.00 (4 AUD) price target on the stock.

Shares of Silverlake Resources traded down 3.65% during mid-day trading on Friday, hitting A$2.110. Silverlake Resources has a one year low of A$2.020 and a one year high of A$3.960. The stock’s 50-day moving average is currently A$2.58. The company has a market cap of A$464.8 million and a P/E ratio of 15.10.

Silver Lake Resources Limited is engaged in gold mining and processing from the Mount Monger Operations, exploration for copper and gold and evaluation of projects.

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