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

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

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

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

Blue Moon Metals Stock Performance

Shares of MOON stock traded up C$0.07 on Friday, hitting C$4.41. 1,097,477 shares of the stock were exchanged, 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 market capitalization of C$477.88 million, a PE ratio of -3.83 and a beta of -0.10. Blue Moon Metals Inc. has a one year low of C$3.42 and a one year high of C$11.80. The firm’s 50 day moving average is C$6.79 and its two-hundred day moving average is C$7.88.

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.