Blue Moon Metals Inc. (CVE:MOON – Get Free Report)’s share price rose 8.7% during mid-day trading on Monday . The stock traded as high as C$9.29 and last traded at C$8.25. 779,162 shares traded hands during trading, an increase of 243% from the average daily volume of 227,158 shares. The stock had previously closed at C$7.59.
Blue Moon Metals Trading Down 7.5%
The company has a debt-to-equity ratio of 4.36, a current ratio of 3.85 and a quick ratio of 0.50. The company has a market capitalization of C$765.50 million, a price-to-earnings ratio of -6.35 and a beta of 0.43. The business’s 50 day simple moving average is C$7.85 and its 200 day simple moving average is C$8.73.
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.
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