Why The Silver Lake (ASX:SLR) Share Price Is Up 12% Today
Shares in gold miner Silver Lake Resources Limited. (ASX: SLR) are up 12% today following the release of the company’s quarterly production update.
Silver Lake Resources (ASX:SLR)
Silver Lake Resources Limited. (ASX:SLR) is a gold producer, with its cornerstone asset being the Mount Monger Gold Camp, located ~50km south east of Kalgoorlie in the renowned Eastern Goldfields district of WA.
In FY19, Silver Lake notched a 6% increase in gold production to around 166,000 ounces gold equivalent, resulting in normalised profit after tax of $16.7 million.
ALL ORDINARIES Index (XAO) Up, CYBG (ASX:CYB) Share Price Rises
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.74% at lunch.
ALL ORDINARIES Index (XAO) Drops, Clinuvel (ASX:CUV) Share Price Rockets
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.77% at lunch.
The Shares Of ASX Gold Miners Are Falling Today – Here’s Why
Shares in ASX gold miners such as Newcrest Mining Limited (ASX:NCM) have tumbled lower today after the spot price for the precious metal fell nearly 2% overnight.
Zip Co (ASX:Z1P) And Bubs (ASX:BUB) Just Made It Into The ASX 300
Zip Co Ltd (ASX:Z1P) and Bubs Australia Ltd (ASX:BUB) just made it into the ASX 300 as part of the S&P Dow Jones Indices’ quarterly rebalance.