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

Slam Exploration Ltd. (CVE:SXL) insider Bruce Macdonald purchased 650,000 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was bought at an average cost 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 shares were bought at an average cost of C$0.02 per share, for a total transaction of C$2,960.00.

Slam Exploration Stock Performance

SXL stock remained flat at C$0.02 during midday trading on Thursday. The company’s stock had a trading volume of 660,000 shares, compared to its average volume of 122,134. 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 market cap of C$1.44 million, a P/E ratio of -1.00 and a beta of 1.51. The firm has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a current ratio of 0.31, a quick ratio of 0.99 and a debt-to-equity ratio of 7.31.

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.