Insider Buying: Slam Exploration Ltd. (CVE:SXL) Insider Purchases 1,023,000 Shares of Stock

Slam Exploration Ltd. (CVE:SXL) insider Bruce Macdonald acquired 1,023,000 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was bought at an average price of C$0.02 per share, with a total value of C$20,460.00.

Slam Exploration Stock Performance

SXL remained flat at C$0.02 during mid-day trading on Friday. The company’s stock had a trading volume of 603,714 shares, compared to its average volume of 421,055. The company has a market cap of C$1.78 million, a PE ratio of -2.00 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 quick ratio of 0.99, a current ratio of 0.28 and a debt-to-equity ratio of 0.68. The stock has a 50 day moving average price of C$0.03 and a two-hundred day moving average price 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.