Blue Moon Metals (CVE:MOON) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Blue Moon Metals Inc. (CVE:MOON) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.26 and traded as high as C$0.34. Blue Moon Metals shares last traded at C$0.34, with a volume of 23,509 shares traded.

Blue Moon Metals Trading Up 6.3 %

The company has a 50 day simple moving average of C$0.26 and a two-hundred day simple moving average of C$0.12. The company has a debt-to-equity ratio of 9.85, a quick ratio of 0.50 and a current ratio of 1.40. The firm has a market cap of C$17.95 million, a PE ratio of -17.00 and a beta of 1.76.

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.