Blue Moon Metals (CVE:MOON) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Blue Moon Metals Inc. (CVE:MOONGet Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.81 and traded as high as C$2.96. Blue Moon Metals shares last traded at C$2.70, with a volume of 6,694 shares traded.

Blue Moon Metals Stock Performance

The firm has a market cap of C$170.79 million, a price-to-earnings ratio of -295.60 and a beta of 1.76. The business’s 50 day moving average price is C$0.81 and its 200 day moving average price is C$0.50.

Blue Moon Metals Company Profile

(Get Free Report)

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.

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