Slam Exploration Ltd. (CVE:SXL) Insider Bruce Macdonald Purchases 650,000 Shares of Stock

Slam Exploration Ltd. (CVE:SXL) insider Bruce Macdonald purchased 650,000 shares of the firm’s stock in a transaction dated Thursday, May 9th. The stock was acquired at an average price of C$0.02 per share, for a total transaction of C$13,000.00.

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

• On Friday, May 3rd, Bruce Macdonald acquired 148,000 shares of Slam Exploration stock. The stock was acquired at an average cost of C$0.02 per share, for a total transaction of C$2,960.00.

Slam Exploration Stock Performance

CVE SXL remained flat at C$0.02 during trading on Friday. The company’s stock had a trading volume of 660,000 shares, compared to its average volume of 122,134. The stock has a market capitalization of C$1.44 million, a P/E ratio of -1.00 and a beta of 1.51. The company has a debt-to-equity ratio of 7.31, a quick ratio of 0.99 and a current ratio of 0.31. Slam Exploration Ltd. has a 12-month low of C$0.02 and a 12-month high of C$0.06. The firm’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02.

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.