Insider Buying: Slam Exploration Ltd. (CVE:SXL) Insider Acquires C$25,000.00 in Stock

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

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

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

Slam Exploration Stock Performance

Shares of CVE:SXL opened at C$0.03 on Monday. The business’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03. Slam Exploration Ltd. has a 1 year low of C$0.02 and a 1 year 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. The firm has a market capitalization of C$2.67 million, a PE ratio of -3.00 and a beta of 1.95.

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.