Blue Moon Metals (CVE:MOON) Share Price Passes Above Fifty Day Moving Average of $0.03

Blue Moon Metals Inc. (CVE:MOON – Get Rating)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.03 and traded as high as C$0.09. Blue Moon Metals shares last traded at C$0.09, with a volume of 8,700 shares changing hands.

Blue Moon Metals Stock Up 12.5 %

The business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.02. The firm has a market cap of C$1.44 million, a price-to-earnings ratio of -4.50 and a beta of 1.19. The company has a debt-to-equity ratio of 40.33, a current ratio of 0.56 and a quick ratio of 0.50.

Insiders Place Their Bets

In other Blue Moon Metals news, Director John Mcclintock purchased 1,684,900 shares of the firm’s stock in a transaction on Tuesday, January 31st. The stock was bought at an average cost of C$0.02 per share, with a total value of C$25,273.50. Following the acquisition, the director now directly owns 6,158,400 shares of the company’s stock, valued at C$92,376. 15.19% of the stock is owned by insiders.

Blue Moon Metals Company Profile

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Blue Moon Metals Inc, an exploration stage mining company, engages in the exploration and development of mineral resource properties in Canada and the United States. The company explores for zinc, copper, lead, silver, and gold deposits. It principally holds a 100% owned interest in the Blue Moon zinc property that comprises patented and unpatented lode mineral claims totaling 445 acres in Mariposa County, California; and Yava base metals property, which consists of two mineral leases totaling 1,280 hectares located in Nunavut.