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

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 stock in a transaction that occurred on Wednesday, July 30th. The stock was purchased at an average cost of C$3.45 per share, with a total value of C$20,148.00.

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

• On Tuesday, July 29th, Karin Sigrid Thorburn bought 3,890 shares of Blue Moon Metals stock. The stock was bought at an average price of C$3.43 per share, with a total value of C$13,361.37.
• On Thursday, July 24th, Karin Sigrid Thorburn bought 7,780 shares of Blue Moon Metals stock. The stock was 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 acquired at an average price of C$3.39 per share, with a total value of C$40,002.00.

Blue Moon Metals Price Performance

Shares of CVE MOON traded up C$0.11 during midday trading on Friday, hitting C$3.56. 11,250 shares of the company's stock were exchanged, compared to its average volume of 31,598. The stock's 50 day moving average price is C$3.26 and its 200-day moving average price is C$2.35. The firm has a market cap of C$225.18 million, a P/E ratio of -389.75 and a beta of 1.76. Blue Moon Metals Inc. has a twelve month low of C$0.25 and a twelve month high of C$4.30.

Wall Street Analysts Forecast Growth

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

Blue Moon Metals Company Profile

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.