Blue Moon Metals (CVE:MOON) Shares Up 1.4% – Should You Buy?

Blue Moon Metals Inc. (CVE:MOONGet Free Report) shot up 1.4% on Monday . The company traded as high as C$0.36 and last traded at C$0.36. 2,500 shares traded hands during trading, a decline of 98% from the average session volume of 123,052 shares. The stock had previously closed at C$0.35.

Blue Moon Metals Stock Up 1.4 %

The firm has a fifty day simple moving average of C$0.35 and a 200-day simple moving average of C$0.18. The company has a market capitalization of C$18.74 million, a PE ratio of -17.75 and a beta of 1.76. The company has a debt-to-equity ratio of 9.85, a quick ratio of 0.50 and a current ratio of 1.40.

About Blue Moon Metals

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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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