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

Slam Exploration Ltd. (CVE:SXL) insider Bruce Macdonald acquired 1,000,000 shares of the company’s stock in a transaction on Friday, March 14th. The stock was 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 bought at an average cost of C$0.03 per share, with a total value of C$23,975.00.
• On Friday, February 21st, Bruce Macdonald purchased 1,023,000 shares of Slam Exploration stock. The shares were acquired at an average cost of C$0.02 per share, with a total value of C$20,460.00.

Slam Exploration Price Performance

Slam Exploration stock opened at C$0.03 on Friday. The stock has a market capitalization of C$2.67 million, a P/E ratio of -3.00 and a beta of 1.95. Slam Exploration Ltd. has a 52 week low of C$0.02 and a 52 week high of C$0.06. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.99 and a current ratio of 0.28. The stock has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03.

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.