Blue Moon Metals Inc. (CVE:MOON) Director Karin Sigrid Thorburn Acquires 5,840 Shares

Key Points

• Director Karin Sigrid Thorburn of Blue Moon Metals Inc. (CVE:MOON) purchased 5,840 shares on July 30th at an average price of C$3.45 per share, totaling C$20,148.00.
• Blue Moon Metals has a market capitalization of C$215.06 million and a reported 52-week high of C$4.30 and a 52-week low of C$0.25.
• Scotiabank set a price target of C$5.00 and rated Blue Moon Metals as "outperform" in a report on July 18th.

Blue Moon Metals Inc. (CVE:MOON - Get Free Report) Director Karin Sigrid Thorburn acquired 5,840 shares of the business's stock in a transaction that occurred on Wednesday, July 30th. The stock was bought at an average cost of C$3.45 per share, for a total transaction of C$20,148.00.

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

• On Tuesday, July 29th, Karin Sigrid Thorburn acquired 3,890 shares of Blue Moon Metals stock. The shares were purchased at an average cost of C$3.43 per share, for a total transaction of C$13,361.37.
• On Thursday, July 24th, Karin Sigrid Thorburn acquired 7,780 shares of Blue Moon Metals stock. The shares were purchased at an average cost of C$3.50 per share, for a total transaction 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 cost of C$3.39 per share, for a total transaction of C$40,002.00.

Blue Moon Metals Trading Up 3.8%

Shares of MOON traded up C$0.13 during trading hours on Friday, hitting C$3.58. 8,950 shares of the stock traded hands, compared to its average volume of 31,529. Blue Moon Metals Inc. has a 1-year low of C$0.25 and a 1-year high of C$4.30. The firm has a market capitalization of C$226.45 million, a PE ratio of -391.94 and a beta of 1.76. The business has a fifty day moving average of C$3.25 and a 200-day moving average of C$2.31.

Wall Street Analysts Forecast Growth

Separately, Scotiabank set a C$5.00 price target on Blue Moon Metals and gave the company an "outperform" rating in a research note 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.