Blue Moon Metals (CVE:MOON) Insider Buys 16,218 Shares of Stock

Blue Moon Metals Inc. (CVE:MOON) insider Skott Mealer acquired 16,218 shares of the firm’s stock in a transaction on Friday, November 6th. The stock was purchased at an average price of C$4.44 per share, with a total value of C$72,007.92. Following the transaction, the insider owned 95,168 shares of the company’s stock, valued at approximately C$422,545.92. This trade represents a 20.54% increase in their position.

Blue Moon Metals Price Performance

Shares of CVE:MOON traded up C$0.07 during midday trading on Friday, hitting C$4.41. The company’s stock had a trading volume of 1,097,477 shares, compared to its average volume of 251,489. The company has a debt-to-equity ratio of 4.36, a quick ratio of 0.50 and a current ratio of 3.85. The business’s 50 day simple moving average is C$6.79 and its 200 day simple moving average is C$7.88. The company has a market cap of C$477.88 million, a P/E ratio of -3.83 and a beta of -0.10. Blue Moon Metals Inc. has a 12-month low of C$3.42 and a 12-month high of C$11.80.

About Blue Moon Metals

Blue Moon Metals Inc, an exploration stage company, engages in the exploration and development of mineral resource properties in Canada and the United States. The company primarily explores for zinc, copper, silver, and gold deposits. It primarily holds 100% interests 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 includes two mineral leases totaling 1,280 hectares located in Nunavut.