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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.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.61% to 6812.30.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.23% to 6970.20.
The Australian sharemarket rebounded from 11-month lows on Thursday, notching a small gain as markets braced for the official US jobs data on Friday night Australian time.
The local share market fell for a second straight day on Tuesday, ahead of a flurry of central bank meetings, and following the release of a set of minutes from the Reserve Bank of Australia that were taken as implying that the local central bank is considered raising rates.
The local share market started the week lower, ahead of the US Federal Reserve’s two-day policy meeting, which begins on Tuesday.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.67% to 7230.40.
The benchmark S&P/ASX200 (INDEXASX: XJO) index managed to finish 14.6 points, or 0.2%, higher at 7206.9, with the broader All Ordinaries (INDEXASX: XAO) index tracking that rise in percentage terms, adding 15.1 points to 7402.9.
The Silver Lake Resources Ltd (ASX:SLR) share price is down 18% right now after disappointing investors with its quarterly update.
Has the Reserve Bank of Australia (RBA) finally put an end to its interest rate hikes? The S&P/ASX 200 (INDEXASX: XJO) is bouncing and Costa Group (ASX: CGC) is a takeover target.