How to buy Silver Lake Resources shares | A$2.43

Silver Lake Resources Limited is a gold business based in Australia. Silver Lake Resources shares (SLR) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.43 – an increase of 8% over the previous week. Silver Lake Resources has a trailing 12-month revenue of around $563.4 million.

How to buy shares in Silver Lake Resources

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Silver Lake Resources. Find the share by name or ticker symbol: SLR. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Silver Lake Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $2.43, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Silver Lake Resources. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Silver Lake Resources's share price?

Since the stock market crash in March caused by coronavirus, Silver Lake Resources's share price has had significant positive movement.

Its last market close was $2.43, which is 28.19% up on its pre-crash value of $1.745 and 132.54% up on the lowest point reached during the March crash when the shares fell as low as $1.045.

If you had bought $1,000 worth of Silver Lake Resources shares at the start of February 2020, those shares would have been worth $734.56 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,499.99.

Silver Lake Resources share price

Use our graph to track the performance of SLR stocks over time.

Silver Lake Resources shares at a glance

• Key figures

Information last updated 2020-09-13.

Latest market close	AUDA$2.43
52-week range	AUDA$0.89 - AUDA$2.75
50-day moving average	AUDA$2.3363
200-day moving average	AUDA$1.9918
Target price	AUDA$0.81
PE ratio	7.5723
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.308

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Silver Lake Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Silver Lake Resources Limited by TradingView

Silver Lake Resources price performance over time

Historical closes compared with the last close of A$2.43

1 week (2020-09-11)	8.00%
1 month (2020-08-18)	3.40%
3 months (2020-06-18)	29.95%
6 months (2020-03-18)	91.34%

1 year (2019-09-18)	139.41%
2 years (2018-09-18)	406.25%
3 years (2017-09-18)	478.57%
5 years (2015-09-18)	1,520.00%

Is Silver Lake Resources under- or over-valued?

Valuing Silver Lake Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Silver Lake Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Silver Lake Resources's P/E ratio

Silver Lake Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Silver Lake Resources shares trade at around 8x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Silver Lake Resources's EBITDA

Silver Lake Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $246.8 million (£139 million).

The EBITDA is a measure of a Silver Lake Resources's overall financial performance and is widely used to measure a its profitability.

Silver Lake Resources financials

Revenue TTM	$563.4 million
Operating margin TTM	24.36%
Gross profit TTM	$164.7 million
Return on assets TTM	11.13%
Return on equity TTM	40.46%
Profit margin	45.59%
Book value	0.904
Market capitalisation	$2 billion

TTM: trailing 12 months

Silver Lake Resources share dividends

We're not expecting Silver Lake Resources to pay a dividend over the next 12 months.

Silver Lake Resources share price volatility

Over the last 12 months, Silver Lake Resources's shares have ranged in value from as little as $0.89 up to $2.75. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Silver Lake Resources's is 0.9175. This would suggest that Silver Lake Resources's shares are less volatile than average (for this exchange).

Silver Lake Resources overview

Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration and production of gold and copper deposits in Australia. The company holds interests in six mines and two processing facilities across its Deflector operations located in the Southern Murchison region of Western Australia; and Mount Monger operations situated within the Kalgoorlie terrane subdivision of the Eastern Goldfields province. Silver Lake Resources Limited is headquartered in South Perth, Australia.

Frequently asked questions

• What percentage of Silver Lake Resources is owned by insiders or institutions?

  Currently 5.999% of Silver Lake Resources shares are held by insiders and 39.983% by institutions.

• When does the fiscal year end for Silver Lake Resources?

  Silver Lake Resources's fiscal year ends in June.

• Where is Silver Lake Resources based?

  Silver Lake Resources's address is: South Shore Centre, South Perth, WA, Australia, 6151

• What is Silver Lake Resources's ISIN number?

  Silver Lake Resources's international securities identification number is: AU000000SLR6