Blue Moon Metals Inc. (CVE:MOON) Director Karin Sigrid Thorburn Buys 3,890 Shares

Key Points

• Karin Sigrid Thorburn, a director at Blue Moon Metals Inc., purchased a total of 3,890 shares at C$3.43 per share, amounting to C$13,361.37 on July 29th.
• The company's stock, traded under CVE:MOON, saw a price increase of 2.4%, reaching C$3.41, with a market cap of C$215.70 million.
• Analyst ratings from Scotiabank have set a C$5.00 price objective on Blue Moon Metals, indicating an "outperform" rating for the stock.

Blue Moon Metals Inc. (CVE:MOON - Get Free Report) Director Karin Sigrid Thorburn purchased 3,890 shares of Blue Moon Metals stock in a transaction on Tuesday, July 29th. The shares were acquired at an average price of C$3.43 per share, with a total value of C$13,361.37.

Karin Sigrid Thorburn also recently made the following trade(s):

• On Wednesday, July 30th, Karin Sigrid Thorburn acquired 5,840 shares of Blue Moon Metals stock. The shares were bought at an average price of C$3.45 per share, with a total value of C$20,148.00.
• On Thursday, July 24th, Karin Sigrid Thorburn acquired 7,780 shares of Blue Moon Metals stock. The shares were bought at an average price of C$3.50 per share, with a total value of C$27,191.10.
• On Wednesday, July 23rd, Karin Sigrid Thorburn acquired 11,800 shares of Blue Moon Metals stock. The shares were purchased at an average price of C$3.39 per share, for a total transaction of C$40,002.00.

Blue Moon Metals Stock Up 3.2%

Shares of CVE:MOON traded up C$0.11 during trading on Friday, reaching C$3.56. The stock had a trading volume of 11,250 shares, compared to its average volume of 31,598. Blue Moon Metals Inc. has a 52 week low of C$0.25 and a 52 week high of C$4.30. The firm has a market capitalization of C$225.18 million, a price-to-earnings ratio of -389.75 and a beta of 1.76. The stock has a fifty day simple moving average of C$3.26 and a two-hundred day simple moving average of C$2.33.

Wall Street Analysts Forecast Growth

Separately, Scotiabank set a C$5.00 target price on shares of Blue Moon Metals and gave the stock an "outperform" rating in a research report on Friday, July 18th.

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.