Insider Buying: Slam Exploration Ltd. (CVE:SXL) Director Acquires 512,000 Shares of Stock

Slam Exploration Ltd. (CVE:SXL) Director Jimmy Gravel bought 512,000 shares of the stock in a transaction on Friday, May 9th. The stock was purchased 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 acquired 58,000 shares of Slam Exploration stock. The shares were acquired at an average price of C$0.03 per share, with a total value of C$1,740.00.
• On Friday, April 11th, Jimmy Gravel bought 20,000 shares of Slam Exploration stock. The shares were acquired at an average price of C$0.04 per share, for a total transaction of C$700.00.
• On Monday, April 7th, Jimmy Gravel purchased 67,000 shares of Slam Exploration stock. The stock was acquired at an average price of C$0.03 per share, with a total value of C$2,010.00.
• On Thursday, March 27th, Jimmy Gravel purchased 33,000 shares of Slam Exploration stock. The shares were acquired at an average price of C$0.04 per share, for a total transaction of C$1,155.00.
• On Monday, March 10th, Jimmy Gravel acquired 200,000 shares of Slam Exploration stock. The shares were bought at an average price of C$0.03 per share, for a total transaction of C$5,000.00.

Slam Exploration Stock Up 20.0 %

SXL stock opened at C$0.03 on Friday. The stock has a market capitalization of C$2.67 million, a PE ratio of -3.00 and a beta of 1.95. Slam Exploration Ltd. has a 52 week low of C$0.02 and a 52 week 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 firm has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.03.

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.