Insider Buying: Slam Exploration Ltd. (CVE:SXL) Insider Buys 1,000,000 Shares of Stock

Slam Exploration Ltd. (CVE:SXL) insider Bruce Macdonald acquired 1,000,000 shares of the stock in a transaction on Friday, March 14th. The shares were bought at an average cost of C$0.03 per share, for a total transaction of C$25,000.00.

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

• On Wednesday, February 26th, Bruce Macdonald purchased 959,000 shares of Slam Exploration stock. The shares were bought at an average price of C$0.03 per share, for a total transaction of C$23,975.00.
• On Friday, February 21st, Bruce Macdonald acquired 1,023,000 shares of Slam Exploration stock. The stock was purchased at an average cost of C$0.02 per share, with a total value of C$20,460.00.

Slam Exploration Price Performance

Shares of SXL stock opened at C$0.03 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.28 and a quick ratio of 0.99. The company has a market capitalization of C$2.67 million, a PE ratio of -3.00 and a beta of 1.95. The firm’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03. Slam Exploration Ltd. has a 12 month low of C$0.02 and a 12 month high of C$0.06.

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.