Slam Exploration Ltd. (CVE:SXL – Get Free Report) insider Jimmy Gravel bought 500,000 shares of the business’s stock in a transaction on Thursday, November 5th. The stock was purchased at an average cost of C$0.05 per share, with a total value of C$25,000.00. Following the purchase, the insider owned 7,466,000 shares of the company’s stock, valued at C$373,300. This represents a 7.18% increase in their ownership of the stock.
Jimmy Gravel also recently made the following trade(s):
- On Thursday, October 29th, Jimmy Gravel purchased 30,000 shares of Slam Exploration stock. The shares were acquired at an average price of C$0.06 per share, for a total transaction of C$1,800.00.
- On Friday, October 9th, Jimmy Gravel purchased 40,000 shares of Slam Exploration stock. The shares were acquired at an average price of C$0.07 per share, for a total transaction of C$2,800.00.
Slam Exploration Price Performance
Shares of SXL stock traded down C$0.01 during trading hours on Thursday, hitting C$0.04. 2,092,000 shares of the company’s stock were exchanged, compared to its average volume of 91,260. The company has a market capitalization of C$7.17 million, a PE ratio of -8.00 and a beta of 2.27. Slam Exploration Ltd. has a 12-month low of C$0.04 and a 12-month high of C$0.13. The business’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07. 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 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. The company also holds interest in Benjamin gold REE property; Birch Lake project; Eighteen Mile property; Jake Lee Gold property; McNair property; Mt.
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