Insider Buying: Blue Moon Metals (CVE:MOON) Director Purchases 30,000 Shares of Stock

Blue Moon Metals Inc. (CVE:MOON) Director Frode Michal Nilsen acquired 30,000 shares of Blue Moon Metals stock in a transaction on Friday, November 6th. The stock was purchased at an average cost of C$4.58 per share, with a total value of C$137,400.00. Following the completion of the transaction, the director directly owned 2,950,078 shares in the company, valued at C$13,511,357.24. This represents a 1.03% increase in their position.

Frode Michal Nilsen also recently made the following trade(s):

• On Monday, October 5th, Frode Michal Nilsen acquired 100,000 shares of Blue Moon Metals stock. The stock was acquired at an average cost of C$7.05 per share, for a total transaction of C$705,000.00.

Blue Moon Metals Stock Performance

MOON stock traded up C$0.07 during midday trading on Friday, hitting C$4.41. The company’s stock had a trading volume of 1,097,477 shares, compared to its average volume of 251,489. The stock has a market cap of C$477.88 million, a price-to-earnings ratio of -3.83 and a beta of -0.10. The company has a quick ratio of 0.50, a current ratio of 3.85 and a debt-to-equity ratio of 4.36. The stock’s 50-day moving average price is C$6.79 and its 200 day moving average price is C$7.88. Blue Moon Metals Inc. has a 1 year low of C$3.42 and a 1 year high of C$11.80.

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.