Blue Moon Metals Inc. (NASDAQ:BMM – Get Free Report) rose 5% during trading on Friday . The company traded as high as $6.71 and last traded at $6.66. Approximately 87,323 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 109,169 shares. The stock had previously closed at $6.34.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Wall Street Zen raised Blue Moon Metals from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 23rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Blue Moon Metals in a research report on Tuesday, June 16th. Finally, Maxim Group began coverage on shares of Blue Moon Metals in a research note on Friday, June 12th. They set a “buy” rating and a $15.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Blue Moon Metals currently has a consensus rating of “Hold” and an average price target of $15.00.
View Our Latest Analysis on BMM
Blue Moon Metals Stock Performance
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