Slam Exploration Ltd. (CVE:SXL) Insider Buys C$13,000.00 in Stock

Slam Exploration Ltd. (CVE:SXL) insider Bruce Macdonald acquired 650,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The stock was acquired at an average price of C$0.02 per share, with a total value of C$13,000.00.

Bruce Macdonald also recently made the following trade(s):

• On Friday, May 3rd, Bruce Macdonald purchased 148,000 shares of Slam Exploration stock. The shares were bought at an average price of C$0.02 per share, with a total value of C$2,960.00.

Slam Exploration Price Performance

SXL remained flat at C$0.02 on Thursday. The company had a trading volume of 660,000 shares, compared to its average volume of 122,134. Slam Exploration Ltd. has a 12-month low of C$0.02 and a 12-month high of C$0.06. The company has a debt-to-equity ratio of 7.31, a quick ratio of 0.99 and a current ratio of 0.31. The stock’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a market capitalization of C$1.44 million, a PE ratio of -1.00 and a beta of 1.51.

About Slam Exploration

Slam Exploration Ltd., a resource company, engages in the acquisition, exploration, and development of exploration and evaluation properties in Canada. It primarily explores for gold, silver, base metal, and rare earth metals. The company's flagship project is the Menneval gold project that consists of various mineral claims covering an area of 12,450 hectares situated in New Brunswick.