Slam Exploration Ltd. (CVE:SXL) Insider Acquires C$23,975.00 in Stock

Slam Exploration Ltd. (CVE:SXL) insider Bruce Macdonald acquired 959,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average cost of C$0.03 per share, with a total value of C$23,975.00.

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

• On Friday, February 21st, Bruce Macdonald bought 1,023,000 shares of Slam Exploration stock. The shares were acquired at an average price of C$0.02 per share, with a total value of C$20,460.00.

Slam Exploration Price Performance

Shares of CVE SXL remained flat at C$0.02 on Wednesday. 196,000 shares of the company’s stock traded hands, compared to its average volume of 424,913. The company has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The stock has a market cap of C$1.78 million, a P/E ratio of -2.00 and a beta of 1.95. 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 0.68, a current ratio of 0.28 and a quick ratio of 0.99.

Slam Exploration Company Profile

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.