Blue Moon Metals (CVE:MOON) Director Acquires 20,000 Shares of Stock

Blue Moon Metals Inc. (CVE:MOON) Director Christian Peter Kargl-Simard purchased 20,000 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were purchased at an average price of C$6.86 per share, with a total value of C$137,200.00. Following the acquisition, the director directly owned 737,828 shares in the company, valued at C$5,061,500.08. This represents a 2.79% increase in their ownership of the stock.

Blue Moon Metals Price Performance

Blue Moon Metals stock traded up C$0.14 during mid-day trading on Friday, reaching C$6.99. 121,342 shares of the company’s stock traded hands, compared to its average volume of 239,518. Blue Moon Metals Inc. has a 12-month low of C$2.96 and a 12-month high of C$11.80. The company has a quick ratio of 0.50, a current ratio of 3.85 and a debt-to-equity ratio of 4.36. The stock has a 50 day moving average of C$7.61 and a two-hundred day moving average of C$8.70. The company has a market cap of C$732.99 million, a price-to-earnings ratio of -6.08 and a beta of 0.43.

About Blue Moon Metals

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.