Insider Buying: Blue Moon Metals (CVE:MOON) Director Purchases C$137,200.00 in Stock

Blue Moon Metals Inc. (CVE:MOON) Director Christian Peter Kargl-Simard purchased 20,000 shares of Blue Moon Metals stock in a transaction that occurred on Thursday, October 1st. The stock was acquired at an average cost of C$6.86 per share, with a total value of C$137,200.00. Following the acquisition, the director directly owned 737,828 shares in the company, valued at C$5,061,500.08. This trade represents a 2.79% increase in their position.

Blue Moon Metals Stock Performance

Shares of MOON stock opened at C$6.95 on Monday. Blue Moon Metals Inc. has a 1-year low of C$2.96 and a 1-year high of C$11.80. The company has a market cap of C$728.80 million, a price-to-earnings ratio of -6.04 and a beta of 0.43. The company has a debt-to-equity ratio of 4.36, a current ratio of 3.85 and a quick ratio of 0.50. The stock has a 50 day simple moving average of C$7.60 and a 200-day simple moving average of C$8.69.

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.