Insider Buying: Blue Moon Metals (CVE:MOON) Director Buys 90,000 Shares of Company Stock

Blue Moon Metals Inc. (CVE:MOON) Director Richard Mark Colterjohn acquired 90,000 shares of Blue Moon Metals stock in a transaction that occurred on Friday, November 6th. The shares were purchased at an average cost of C$4.45 per share, with a total value of C$400,500.00. Following the transaction, the director owned 96,400 shares of the company’s stock, valued at approximately C$428,980. The trade was a 1,406.25% increase in their position.

Blue Moon Metals Stock Up 1.6%

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