Slam Exploration Ltd. (CVE:SXL) Insider Bruce Macdonald Acquires 1,000,000 Shares

Slam Exploration Ltd. (CVE:SXL) insider Bruce Macdonald purchased 1,000,000 shares of the business’s stock in a transaction dated Friday, March 14th. The shares were bought at an average price 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 acquired 1,023,000 shares of Slam Exploration stock. The shares were purchased at an average price of C$0.02 per share, with a total value of C$20,460.00.

Slam Exploration Stock Performance

Shares of CVE:SXL traded up C$0.01 during midday trading on Friday, hitting C$0.03. The stock had a trading volume of 1,111,400 shares, compared to its average volume of 375,051. 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 current ratio of 0.28, a quick ratio of 0.99 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. The company has a market capitalization of C$2.23 million, a PE ratio of -2.50 and a beta of 1.95.

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.