Blue Moon Metals (CVE:MOON) Stock: Insider Skott Mealer Purchases 16,218 Shares

Blue Moon Metals Inc. (CVE:MOON) insider Skott Mealer bought 16,218 shares of Blue Moon Metals stock in a transaction dated Friday, November 6th. The stock was acquired at an average cost of C$4.44 per share, with a total value of C$72,007.92. Following the completion of the acquisition, the insider directly owned 95,168 shares of the company’s stock, valued at approximately C$422,545.92. The trade was a 20.54% increase in their position.

Blue Moon Metals Price Performance

Shares of MOON traded up C$0.07 during mid-day 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 company has a current ratio of 3.85, a quick ratio of 0.50 and a debt-to-equity ratio of 4.36. The firm has a 50-day simple moving average of C$6.79 and a 200 day simple moving average of 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. The firm has a market capitalization of C$477.88 million, a P/E ratio of -3.83 and a beta of -0.10.

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.