Blue Moon Metals (CVE:MOON) Director Frode Michal Nilsen Purchases 30,000 Shares of Stock

Blue Moon Metals Inc. (CVE:MOON) Director Frode Michal Nilsen bought 30,000 shares of the firm’s stock in a transaction on Friday, November 6th. The shares were purchased at an average cost of C$4.58 per share, with a total value of C$137,400.00. Following the transaction, the director directly owned 2,950,078 shares in the company, valued at approximately C$13,511,357.24. This trade represents a 1.03% increase in their position.

Frode Michal Nilsen also recently made the following trade(s):

• On Monday, October 5th, Frode Michal Nilsen purchased 100,000 shares of Blue Moon Metals stock. The shares were purchased at an average price of C$7.05 per share, with a total value of C$705,000.00.

Blue Moon Metals Stock Up 1.6%

Shares of CVE MOON opened at C$4.41 on Friday. The company has a market capitalization of C$477.88 million, a P/E ratio of -3.83 and a beta of -0.10. Blue Moon Metals Inc. has a 52-week low of C$3.42 and a 52-week high of C$11.80. The company has a debt-to-equity ratio of 4.36, a quick ratio of 0.50 and a current ratio of 3.85. The company’s 50 day moving average price is C$6.79 and its 200-day moving average price is C$7.88.

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.