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

Slam Exploration Ltd. (CVE:SXL) insider Bruce Macdonald bought 1,000,000 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average cost of C$0.03 per share, for a total transaction of C$25,000.00.

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

• On Wednesday, February 26th, Bruce Macdonald bought 959,000 shares of Slam Exploration stock. The stock was purchased at an average cost of C$0.03 per share, for a total transaction of C$23,975.00.
• On Friday, February 21st, Bruce Macdonald purchased 1,023,000 shares of Slam Exploration stock. 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

Shares of CVE SXL opened at C$0.03 on Friday. The company has a current ratio of 0.28, a quick ratio of 0.99 and a debt-to-equity ratio of 0.68. Slam Exploration Ltd. has a 12 month low of C$0.02 and a 12 month high of C$0.06. The stock has a 50 day moving average of C$0.03 and a 200-day moving average of C$0.03. The company has a market capitalization of C$2.67 million, a P/E 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.