Insider Buying: Slam Exploration Ltd. (CVE:SXL) Director Acquires C$15,360.00 in Stock

Slam Exploration Ltd. (CVE:SXL) Director Jimmy Gravel bought 512,000 shares of Slam Exploration stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average price of C$0.03 per share, with a total value of C$15,360.00.

Jimmy Gravel also recently made the following trade(s):

• On Friday, April 25th, Jimmy Gravel purchased 58,000 shares of Slam Exploration stock. The stock was purchased at an average cost of C$0.03 per share, with a total value of C$1,740.00.
• On Friday, April 11th, Jimmy Gravel acquired 20,000 shares of Slam Exploration stock. The shares were purchased at an average cost of C$0.04 per share, for a total transaction of C$700.00.
• On Monday, April 7th, Jimmy Gravel acquired 67,000 shares of Slam Exploration stock. The shares were purchased at an average price of C$0.03 per share, for a total transaction of C$2,010.00.
• On Thursday, March 27th, Jimmy Gravel bought 33,000 shares of Slam Exploration stock. The stock was purchased at an average cost of C$0.04 per share, with a total value of C$1,155.00.
• On Monday, March 10th, Jimmy Gravel acquired 200,000 shares of Slam Exploration stock. The shares were acquired at an average cost of C$0.03 per share, with a total value of C$5,000.00.

Slam Exploration Stock Performance

CVE SXL opened at C$0.03 on Tuesday. Slam Exploration Ltd. has a twelve month low of C$0.02 and a twelve month 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 market cap of C$2.67 million, a P/E ratio of -3.00 and a beta of 1.95. The company’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

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.