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Blue Moon Metals (CVE:MOON) Stock Price Passes Above 50-Day Moving Average - Should You Sell?

Blue Moon Metals logo with Basic Materials background

Blue Moon Metals Inc. (CVE:MOON - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$3.19 and traded as high as C$3.19. Blue Moon Metals shares last traded at C$3.18, with a volume of 64,803 shares changing hands.

Blue Moon Metals Price Performance

The business's 50-day moving average price is C$3.21 and its two-hundred day moving average price is C$1.73. The firm has a market cap of C$220.76 million, a price-to-earnings ratio of -382.08 and a beta of 1.76.

Insider Buying and Selling at Blue Moon Metals

In related news, Director Christian Peter Kargl-Simard purchased 11,100 shares of the company's stock in a transaction that occurred on Friday, April 4th. The stock was purchased at an average price of C$2.40 per share, with a total value of C$26,595.60. In the last three months, insiders acquired 83,591 shares of company stock worth $255,182. Insiders own 29.61% of the company's stock.

About Blue Moon Metals

(Get Free Report)

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.

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