Blue Moon Metals (CVE:MOON) Shares Up 7.7%

Shares of Blue Moon Metals Inc. (CVE:MOONGet Free Report) rose 7.7% during mid-day trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.21. Approximately 100,736 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 151,797 shares. The stock had previously closed at C$0.20.

Blue Moon Metals Stock Performance

The company has a market capitalization of C$12.41 million, a price-to-earnings ratio of -11.75 and a beta of 1.66. The stock’s 50 day moving average price is C$0.08 and its 200 day moving average price is C$0.06. The company has a current ratio of 1.40, a quick ratio of 0.50 and a debt-to-equity ratio of 9.85.

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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