Silver Lake Resources Limited. (ASX:SLR) insider Leslie (Les) Davis sold 514,706 shares of the firm’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of A$1.07 ($0.76), for a total value of A$550,735.42 ($390,592.50).

SLR traded down A$0.03 ($0.02) during midday trading on Friday, reaching A$0.96 ($0.68). 7,466,788 shares of the company were exchanged, compared to its average volume of 1,720,000. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.25 and a current ratio of 3.12. Silver Lake Resources Limited. has a one year low of A$0.46 ($0.32) and a one year high of A$1.53 ($1.08). The stock has a market capitalization of $785.70 million and a P/E ratio of 87.27. The stock’s 50-day simple moving average is A$1.27 and its 200 day simple moving average is A$0.93.

Silver Lake Resources Company Profile

Silver Lake Resources Limited, together with its subsidiaries, operates as a gold producing and exploration company in Australia. It also explores for silver deposits. The company holds interests in the Mount Monger goldfield project located within the Kalgoorlie terrane subdivision of the Eastern Goldfields province.

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