Why Silver Lake (ASX:SLR) shares have been in the news lately

Silver Lake Resources Limited (ASX: SLR) shares are not having a great day today. At the time of writing, the Silver Lake share price is down 1.12 % to $1.77.

Mind you, the S&P/ASX 200 Index (ASX: XJO) is not having a great day either. But the ASX’s flagship index is currently down 0.77%, so Silver Lake shares are still underperforming today. And that’s probably not what Silver Lake investors would like to see right now.

The Silver Lake share price is still healthily in the green for 2020 thus far (up 28.36% year to date). It’s also up almost 64% since 16 March. But Silver Lake shares are still down more than 35% from the 52-week high we saw back in July. They are also down more than 10% since 21 December alone.

So what’s…