Blue Moon Metals (CVE:MOON) Shares Cross Below 50 Day Moving Average of $0.08

Blue Moon Metals Inc. (CVE:MOONGet Rating) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.08 and traded as low as C$0.07. Blue Moon Metals shares last traded at C$0.07, with a volume of 2,000 shares traded.

Blue Moon Metals Price Performance

The stock has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.04. The company has a market cap of C$1.12 million, a price-to-earnings ratio of -3.50 and a beta of 1.27. The company has a debt-to-equity ratio of 45.45, a current ratio of 0.50 and a quick ratio of 0.50.

About Blue Moon Metals

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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.

Further Reading

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