Shares of Blue Moon Metals Inc. (CVE:MOON – Get Free Report) traded down 11.4% during mid-day trading on Tuesday . The company traded as low as C$6.96 and last traded at C$6.99. 336,618 shares traded hands during trading, an increase of 47% from the average session volume of 229,114 shares. The stock had previously closed at C$7.89.
Blue Moon Metals Stock Up 1.8%
The stock has a fifty day moving average price of C$7.82 and a 200-day moving average price of C$8.74. 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 firm has a market cap of C$779.13 million, a PE ratio of -6.46 and a beta of 0.43.
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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