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Blue Moon Metals (CVE:MOON) Shares Pass Above 50 Day Moving Average - What's Next?

Blue Moon Metals logo with Basic Materials background

Shares of Blue Moon Metals Inc. (CVE:MOON - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$3.06 and traded as high as C$3.13. Blue Moon Metals shares last traded at C$3.13, with a volume of 25,315 shares traded.

Blue Moon Metals Trading Down 2.2%

The company has a market cap of C$193.56 million, a price-to-earnings ratio of -335.01 and a beta of 1.76. The company has a fifty day moving average price of C$3.06 and a two-hundred day moving average price of C$1.44.

Insiders Place Their Bets

In other Blue Moon Metals news, Director Christian Peter Kargl-Simard bought 11,100 shares of the stock in a transaction 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. Over the last ninety days, insiders have bought 81,241 shares of company stock valued at $246,462. 29.61% of the stock is currently owned by insiders.

Blue Moon Metals Company Profile

(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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