Blue Moon Metals Inc. (CVE:MOON) Director Karin Sigrid Thorburn Acquires 7,780 Shares

Blue Moon Metals Inc. (CVE:MOON - Get Free Report) Director Karin Sigrid Thorburn acquired 7,780 shares of the business's stock in a transaction that occurred on Thursday, July 24th. The shares were purchased at an average price of C$3.50 per share, with a total value of C$27,191.10.

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

• On Wednesday, July 23rd, Karin Sigrid Thorburn purchased 11,800 shares of Blue Moon Metals stock. The stock was purchased at an average price of C$3.39 per share, with a total value of C$40,002.00.

Blue Moon Metals Stock Down 1.1%

Shares of Blue Moon Metals stock traded down C$0.04 on Monday, hitting C$3.48. 45,360 shares of the company's stock traded hands, compared to its average volume of 32,054. The firm's 50-day moving average is C$3.22 and its 200 day moving average is C$2.25. Blue Moon Metals Inc. has a 52-week low of C$0.25 and a 52-week high of C$4.30. The stock has a market cap of C$220.12 million, a P/E ratio of -380.99 and a beta of 1.76.

Wall Street Analyst Weigh In

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