Blue Moon Metals (CVE:MOON) Stock Crosses Above 50-Day Moving Average of $0.03

Blue Moon Metals Inc. (CVE:MOON – Get Rating)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.03 and traded as high as C$0.09. Blue Moon Metals shares last traded at C$0.09, with a volume of 8,700 shares changing hands.

Blue Moon Metals Price Performance

The company has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.02. The company has a quick ratio of 0.50, a current ratio of 0.56 and a debt-to-equity ratio of 40.33. The company has a market cap of C$1.44 million, a price-to-earnings ratio of -4.50 and a beta of 1.19.

Insider Activity

In other news, Director John Mcclintock bought 1,684,900 shares of the firm’s stock in a transaction on Tuesday, January 31st. The stock was acquired at an average price of C$0.02 per share, with a total value of C$25,273.50. Following the transaction, the director now owns 6,158,400 shares of the company’s stock, valued at approximately C$92,376. 15.19% of the stock is currently owned by insiders.

Blue Moon Metals Company Profile

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Blue Moon Metals Inc, an exploration stage mining company, engages in the exploration and development of mineral resource properties in Canada and the United States. The company explores for zinc, copper, lead, silver, and gold deposits. It principally holds a 100% owned interest 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 consists of two mineral leases totaling 1,280 hectares located in Nunavut.