Blue Moon Metals (CVE:MOON) Share Price Passes Above 50 Day Moving Average – What’s Next?

Blue Moon Metals Inc. (CVE:MOONGet Free Report)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.17 and traded as high as C$0.34. Blue Moon Metals shares last traded at C$0.34, with a volume of 31,889 shares changing hands.

Blue Moon Metals Stock Performance

The company has a quick ratio of 0.50, a current ratio of 1.40 and a debt-to-equity ratio of 9.85. The stock’s fifty day moving average is C$0.17 and its two-hundred day moving average is C$0.09. The firm has a market capitalization of C$17.95 million, a price-to-earnings ratio of -17.00 and a beta of 1.66.

About Blue Moon Metals

(Get Free Report)

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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