Insider Buying: Blue Moon Metals (CVE:MOON) Director Acquires C$29,820.00 in Stock

Blue Moon Metals Inc. (CVE:MOON) Director Karin Sigrid Thorburn acquired 4,200 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was purchased at an average price of C$7.10 per share, with a total value of C$29,820.00. Following the purchase, the director owned 219,231 shares in the company, valued at approximately C$1,556,540.10. The trade was a 1.95% increase in their position.

Blue Moon Metals Price Performance

Blue Moon Metals stock opened at C$6.91 on Friday. Blue Moon Metals Inc. has a 52 week low of C$2.96 and a 52 week high of C$11.80. The company’s 50 day moving average price is C$7.57 and its two-hundred day moving average price is C$8.69. The stock has a market cap of C$724.60 million, a P/E ratio of -6.01 and a beta of 0.34. The company has a quick ratio of 0.50, a current ratio of 3.85 and a debt-to-equity ratio of 4.36.

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.