Key Points
- Insider Jimmy Gravel bought 500,000 Slam Exploration shares at C$0.05 each, spending C$25,000. His direct holdings rose 7.18% to 7,466,000 shares.
- Gravel had also purchased 30,000 shares on October 29 and 40,000 shares on October 9, continuing a pattern of recent insider buying.
- Slam shares opened at C$0.04; the stock’s 12-month range is C$0.04–C$0.13, and its market capitalization is approximately C$7.17 million.
Slam Exploration Ltd. (CVE:SXL - Get Free Report) insider Jimmy Gravel bought 500,000 shares of the company's stock in a transaction that occurred on Thursday, November 5th. The shares were purchased at an average price of C$0.05 per share, with a total value of C$25,000.00. Following the transaction, the insider directly owned 7,466,000 shares in the company, 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 purchased at an average cost of C$0.06 per share, with a total value of C$1,800.00.
- On Friday, October 9th, Jimmy Gravel purchased 40,000 shares of Slam Exploration stock. The shares were purchased at an average cost of C$0.07 per share, with a total value of C$2,800.00.
Slam Exploration Price Performance
CVE:SXL opened at C$0.04 on Friday. The firm has a market cap of C$7.17 million, a PE ratio of -8.00 and a beta of 1.79. Slam Exploration Ltd. has a 12 month low of C$0.04 and a 12 month high of C$0.13. 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 company's 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07.
Slam Exploration Company Profile
(
Get Free Report)
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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