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

Silver Lake Resources Limited (OTCMKTS:SVLKF) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,496,900 shares, a growth of 26.0% from the March 31st total of 1,981,500 shares. Based on an average daily trading volume, of 33,800 shares, the days-to-cover ratio is presently 73.9 days.

Silver Lake Resources Price Performance

Silver Lake Resources stock traded up $0.06 during midday trading on Monday, reaching $0.98. The company’s stock had a trading volume of 9,500 shares, compared to its average volume of 10,440. Silver Lake Resources has a fifty-two week low of $0.51 and a fifty-two week high of $0.98. The stock’s 50 day simple moving average is $0.80 and its 200 day simple moving average is $0.74.

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.