Blue Moon Metals (CVE:MOON) Stock Price Passes Above 50 Day Moving Average of $0.10

Blue Moon Metals Inc. (CVE:MOON)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.10 and traded as high as C$0.30. Blue Moon Metals shares last traded at C$0.25, with a volume of 424,300 shares.

Blue Moon Metals Price Performance

The company has a debt-to-equity ratio of 9.85, a current ratio of 1.40 and a quick ratio of 0.50. The company has a market cap of C$13.20 million, a P/E ratio of -12.50 and a beta of 1.66. The company has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.07.

About Blue Moon Metals

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.