Interesting to note, MACD is indicating a possible move higher from these levels - after a period of consolidation from April to date. Should this prediction prove accurate, an increasing gold price or macro/political concerns/issues/instability may give SLR an extra kick up through $0.50 towards $0.63 in the short term.
UBS recently upgraded its PT on SLR (following the recent pull-back in the share price) - the broker now suspects, with an increasing gold price outlook and sharp pull-back in share price, SLR will outperform (PT $0.48).
SLR looks like a great BUY at these levels.
I'll be watching with interest.
MACD
Add SLR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.41 |
Change
-0.020(1.40%) |
Mkt cap ! $1.313B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.43 | $1.40 | $4.033M | 2.855M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 56277 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 11390 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.41 |
Change
-0.020 ( 1.36 %) |
||||
| Open | High | Low | Volume | ||
| $1.42 | $1.43 | $1.40 | 958941 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SLR (ASX) Chart |